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Predicts future revenue

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A company's annual revenue for the period since 2000 can be modeled by the function R_n=1.46(1.06)^n, where R is in millions of dollars and n=0 corresponds to 2000. Assuming the model accurately predicts future revenue, find the year in which the revenue first exceeds $2.27 million.

Reference no: EM132059614

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