8. In 1980, your parents bought stock in Carolina Basketball Shoes. The company did well for several years and then business started declining. The equation P=-0.03t+.41t+.5 models the profit of
the company, where P is the profit in thousands of dollars, and t is time in years. (Let
t = 0 correspond to 1980.)
(A) What is the maximum profit the company made?
8a)
(B) When did the company make the maximum profit?
8b)
(C) When did the company go out of business because they 80).
stopped making money?
10