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(Solved): 30. Sales of a Product The total number of units of a new product sold \( t \) months after its int ...
30. Sales of a Product The total number of units of a new product sold \( t \) months after its introduction is given by \[ N(t)=20,000\left(1-e^{-0.05 t}\right)^{2} \quad(0 \leq t \leq 36) \] a. How many units of the product were sold 24 months after its introduction? b. How fast was the product selling 24 months after its introduction?