I am having such trouble with these type of problems. Can anyone or someone help me out on this problem. The problem is as follows:(Crying)
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) = $1000,000)?
Originally Posted by tricey36
we want to know when that is
So we get t=15 or t=-10 since t=-10 doesn't make sense in the context of the problem we use t=15, or it will take them 15 months.