SOLUTION: Let's say that a company's profitability, p(t), follows p(t)= t^2 - 5t - 50 with p(t) in units of $1K and t = fiscal months. How long in years will it take the company to be $100

Algebra.Com
Question 144214: Let's say that a company's profitability, p(t), follows p(t)= t^2 - 5t - 50 with
p(t) in units of $1K and t = fiscal months. How long in years will it take the company to be $100K in the black (i.e., p(t)=$100,000)?
a. 15 years
b. 1 1/2 years
c. 1 1/4 years
d. 1/2 year
Answer by ankor@dixie-net.com(22740)   (Show Source): You can put this solution on YOUR website!
: Let's say that a company's profitability, p(t), follows p(t)= t^2 - 5t - 50 with
p(t) in units of $1K and t = fiscal months. How long in years will it take the company to be $100K in the black (i.e., p(t)=$100,000)?
:
The equation for this problem, solve for t:
t^2 - 5t - 50 = 100
:
t^2 - 5t - 50 - 100 = 0
:
t^2 - 5t - 150 = 0
:
Factor this to:
(t-15)(t+10) = 0
:
The positive solution:
t = 15 yrs to be 100 k in the black
RELATED QUESTIONS

Let's say that a company's profitability, p(t), follows p(t) = t^2 - 5t - 50 with p(t) in (answered by edjones)
What is the most in debt a company will be if debt represents negative profit, p(t), and... (answered by mangopeeler07)
What is the most in debt a company will be if debt represents negative profit, p(t), and... (answered by edjones)
Suppose S and T are mutally exclusive. 

P(S)=6%  P(T)= 29%

(1)  Find P(S and... (answered by Edwin McCravy)

Could I please have some help with the following problem.
Let P={-3,-2,0,1,5} Let... (answered by stanbon)

Suppose f = ((t-s)/(s/(n-2))) and p = ((t-s)/t)
Express f as a function of p and... (answered by josgarithmetic)

Suppose f=(t-s)/[s/(n-2)] and p=(t-s)/t. Express f as a function of p and... (answered by josgarithmetic)

R & (R->S), P & (P->T) |-  S &... (answered by Edwin McCravy)

I am having a lot of trouble with this problem: Suppose f = t-s/(s/(n−2)) and 
p =... (answered by MathLover1)