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Amtrak's annual passenger revenue for the years 1985 - 1995 is modeled approximately by the formulaR = -60|x- 11| +962where R is the annual revenue in millions of dollars and x is the number of years after 1980. In what year was the passenger revenue $722 million?In the years ____ and ___, the passenger revenue was $722 million.

Amtraks annual passenger revenue for the years 1985 1995 is modeled approximately by the formulaR 60x 11 962where R is the annual revenue in millions of dollars class=

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ANSWER

1987 and 1995

EXPLANATION

The revenue is modeled by:

[tex]R=-60|x-11|+962[/tex]

To find the years that the revenue was $722 million, we have to solve for x when R is 722.

That is:

[tex]\begin{gathered} 722=-60|x-11|+962 \\ \Rightarrow722-962=-60|x-11| \\ -240=-60|x-11| \\ \Rightarrow|x-11|=\frac{-240}{-60} \\ |x-11|=4 \end{gathered}[/tex]

We can split the absolute value equation into two different equations because the term in the absolute value is equal to both the positive and the negative of the term on the other side of the equality.

That is:

[tex]\begin{gathered} x-11=4 \\ x-11=-4 \end{gathered}[/tex]

Solve for x in both:

[tex]\begin{gathered} x=11+4 \\ \Rightarrow x=15 \\ x=11-4 \\ \Rightarrow x=7 \end{gathered}[/tex]

That is to say 7 and 15 years after 1980.

Therefore, in the years 1987 and 1995, the revenue was $722 million.

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