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The Revenue from a Manufacturing Process (In Millions of Dollars R=400+0.07tR = 400 + 0.07 t

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The revenue from a manufacturing process (in millions of dollars per year) is projected to follow the model R=400+0.07tR = 400 + 0.07 t for 10 years. Over the same period of time, the cost (in millions of dollars per year) is projected to follow the model C=60+0.5t2C = 60 + 0.5 t ^ { 2 } , where t is the time (in years) . Approximate the profit over the 10-year period, beginning with t = 0. Round your answer to two decimal places.


Definitions:

Hemp Plant

A variety of the Cannabis sativa plant species that is grown specifically for industrial use, including textiles, biodegradable plastics, and health products.

Marijuana

A mind-altering substance derived from the Cannabis plant, utilized for either medicinal or leisure activities.

THC

Tetrahydrocannabinol, the psychoactive compound found in cannabis that is responsible for its mind-altering effects.

Hallucinogens

A class of psychoactive substances that induce perceptual and cognitive alterations, often resulting in visual or auditory hallucinations.

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