Question Statement
Find the total revenue obtained in 4 years if the rate of increase in dollars per year is:
f(t)=200(t−5)2
Background and Explanation
This problem requires finding the total accumulation of a quantity when given its rate of change over time. When you know the rate of revenue growth f(t) (in dollars per year), integrating this rate function over a time interval gives the total revenue accumulated during that period.
Solution
To find the total revenue over 4 years, we integrate the rate function f(t) from t=0 to t=4:
Total revenue=∫04f(t)dt=∫04200(t−5)2dt
Factor out the constant 200:
=200∫04(t−5)2dt
Apply the power rule for integration. Recall that ∫undu=n+1un+1. Here, u=(t−5) and n=2:
=200[3(t−5)3]04
Evaluate the definite integral by substituting the upper limit (t=4) and lower limit (t=0):
=3200[(4−5)3−(0−5)3]
Simplify the expressions inside the brackets:
=3200[(−1)3−(−5)3]
Calculate the cubes:
=3200[−1−(−125)]
Simplify the subtraction (note that subtracting a negative becomes addition):
=3200[−1+125]
=3200[124]
Multiply to get the final fraction:
=324800
Convert to decimal form for the final answer:
Total Revenue=8266.67 dollars
- Definite integral for total accumulation: Total amount=∫abrate(t)dt
- Power rule for integration: ∫undu=n+1un+1+C (for n=−1)
- Constant multiple rule: ∫k⋅f(x)dx=k∫f(x)dx
- Fundamental Theorem of Calculus: ∫abf(x)dx=F(b)−F(a), where F is the antiderivative of f
Summary of Steps
- Set up the integral: Recognize that total revenue equals ∫04200(t−5)2dt
- Factor out constants: Move the 200 outside the integral
- Find the antiderivative: Integrate (t−5)2 to get 3(t−5)3
- Evaluate bounds: Substitute t=4 and t=0 into the antiderivative and subtract
- Simplify: Calculate (−1)3−(−5)3=−1+125=124
- Compute final value: Multiply 3200×124=324800≈8266.67 dollars