Solve the Problem. -A Manufacturing Company Is Ready to Introduce a New Product

question 69

Multiple Choice

Solve the problem.
-A manufacturing company is ready to introduce a new product with a national sales campaign. After extensive test marketing, the market research department estimates that sales (in millions of dollars) will increase at the
Monthly rate of months after the national campaign has started. What will the
Total sales be five months after the beginning of the campaign if we assume zero sales at the beginning of the
Campaign? (Round the answer to the nearest million.)

• A) $49 million
• B) $1 million
• C) $2 million
• D) $18 million