hey i cant figure this out can someone please help me
Gatorade/Tropicana North America, a subsidiary of PepsiCo, produces fruit juices and other flavored beverages. Based on data from 1999 to 2001, the net sales (revenue) of Gatorade/Tropicana North America may be modeled by
R(t) = -107t2+496t+3452 million dollars
and the operating profit (earnings before interest and taxes) may be modeled by
P(t) = −18.5t2 + 85.5t + 433 million dollars
- where t is the number of years since 1999.
What was the profit in 2000?
Use the equation found in question 6 to find the costs in 2000.
To find the profit in 2000, we need to substitute t = 1 into the profit equation, P(t) = -18.5t^2 + 85.5t + 433.
Plugging in t = 1, we have:
P(1) = -18.5(1)^2 + 85.5(1) + 433
Simplifying the equation, we get:
P(1) = -18.5 + 85.5 + 433
P(1) = 501
Therefore, the profit in 2000 was $501 million.