Solve the Problem. -The Polynomial 0.0053x Gives the Approximate Total Earnings of Total

question 188

Multiple Choice

Solve the problem.
-The polynomial 0.0053x gives the approximate total earnings of a company, in millions of dollars, where x represents the number of years since 1996. This model is valid for the years from
1996 to 2000. Determine the earnings for 2000. Round to 2 decimal places.

• A) $2.36 million
• B) $2.03 million
• C) $2.26 million
• D) $2.82 million

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Definitions:

Use of Cash

Refers to how a business or individual employs their cash resources, including spending, investing, or saving activities.

Inventory Holdings

The quantity of goods or materials in stock by a business awaiting sale or use.

Payables Manager

A financial professional responsible for managing a company's short-term liabilities and obligations to its creditors and suppliers.

Marketable Securities

Financial instruments that are easily convertible into cash within a short period, typically with high liquidity and low risk.