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Equation - R=12log10Days In 10 days revenue = $12 million how long will it take to reach $36m Answer is 1,000 days but I cannot figure out how this happened
Equation - R=12log10Days
In 10 days revenue = $12 million how long will it take to reach $36m
Answer is 1,000 days but I cannot figure out how this happened.
I tried
36=12log10days
36/12 = log10days
3 = log10days
3 = days
Expert Solution
R = 12 lg D
(note: lg = log10)
When R = 36
12 lg D = 36
lg D = 3
D = 10^3
D = 1000
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