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 will it take the company to be $100k in the b

Algebra ->  Equations -> 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 will it take the company to be $100k in the b      Log On


   

Question 147549: 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 will it take the company to be $100k in the black (i.e., p(t) = $100,000)?
a. 14 years
b. 1.5 years
c. 1.25 years
d. 6 months
Answer by edjones(8007) About Me  (Show Source):
You can put this solution on YOUR website!
p(t) = t^2 - 5t - 50
t^2 - 5t - 50 =100
t^2-5t-150=0
(t-15)(t+10)=0
t=15 fiscal months
.
Ed