The Annual Net Sales (Revenue) Earned by the Finnish Cell $R ( t ) = - 1.7 t ^ { 2 } + 5 t + 28$

question 15

Multiple Choice

The annual net sales (revenue) earned by the Finnish cell phone company Nokia from January 1999 to January 2003 can be approximated by $R ( t ) = - 1.7 t ^ { 2 } + 5 t + 28$ billion euros per year $( - 1 \leq t \leq 3 )$ where t is time in years ( $t = 0$ represents January 2000) . Estimate, to the nearest billion, Nokia's total revenue from January 1999 through December 2002.

• A)Total revenue 116 billion euros
• B) Total revenue 120 billion euros
• C) Total revenue 91 billion euros
• D) Total revenue 4 billion euros
• E) Total revenue 20 billion euros

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Definitions:

Net Capital Outflow

The difference between a nation's savings and its domestic investments, representing international transfers of capital.

U.S. Assets

Assets located within the United States that may include real estate, stocks, bonds, and other financial instruments owned by individuals, companies, or the government.

Capital Goods

Long-term assets used in the production of other goods and services, such as machinery, buildings, and equipment, essential for creating consumer goods.

Net Capital Outflow

The net flow of funds invested overseas by a country over a certain period, calculated as the difference between the capital leaving the country and capital entering it.