Aging baby boomers will put a strain on Social Security benefits unless Congress takes action. The Social Security benefits to be paid out from 2010 through 2040 are projected to be S(t) = 0.1375t2 + 0.5185t + 0.72    (0 ≤ t ≤ 3) where S(t) is measured in trillions of dollars and t is measured in decades, with t = 0 corresponding to 2010. (Round your answers to two decimal places.)   (a)What was the amount of Social Security benefits paid out in 2010? ?? $ trillions   (b) What is the amount of Social Security benefits projected to be paid out in 2040? ?? $ trillions

Calculus: Early Transcendentals
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ISBN:9781285741550
Author:James Stewart
Publisher:James Stewart
Chapter1: Functions And Models
Section: Chapter Questions
Problem 1RCC: (a) What is a function? What are its domain and range? (b) What is the graph of a function? (c) How...
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Aging baby boomers will put a strain on Social Security benefits unless Congress takes action. The Social Security benefits to be paid out from 2010 through 2040 are projected to be
S(t) = 0.1375t2 + 0.5185t + 0.72    (0 ≤ t ≤ 3)
where S(t) is measured in trillions of dollars and t is measured in decades, with t = 0 corresponding to 2010. (Round your answers to two decimal places.)
 
(a)What was the amount of Social Security benefits paid out in 2010?
?? $ trillions
 
(b) What is the amount of Social Security benefits projected to be paid out in 2040?
?? $ trillions
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