Lumyn electronics is now using social networking to expand, Financial Management

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Lumyn electronics is now using social networking to expand

Lumyn Electronics is now using social networking to expand their reputation and reach new potential customers. The company has found that the number N of new potential customers in their 12,000 people community that have heard of their company can be modeled by the equation

N = 12,000(1 - e^-0.0008t)

Where t is the number of days elapsed since starting using social networking. How long will it take for 100 new potential customers to have heard of the company?

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Financial Management: Lumyn electronics is now using social networking to expand

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Financial Management: Lumyn electronics is now using social networking to expand

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