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Poverty The passage of the Social Security Amendments of 1965 resulted in the creation of the Medicare and Medicaid programs. Since then, the percent of persons 65 years and over with family income below the poverty level has declined. The percent can be approximated by the following function: P(1) = 30.60 – 5.79 In t, where t is the number of years since 1965. Find the percent of persons 65 years and over with family income below the pov- erty level and the rate of change in the following years. Source: U.S. Census. (a) 1970 (b) 1990 (c) 2014 (d) What happens to the rate of change over time?

Poverty The passage of the Social Security Amendments of 1965 resulted in the creation of the Medicare and Medicaid programs. Since then, the percent of persons 65 years and over with family income below the poverty level has declined. The percent can be approximated by the following function: P(1) = 30.60 – 5.79 In t, where t is the number of years since 1965. Find the percent of persons 65 years and over with family income below the pov- erty level and the rate of change in the following years. Source: U.S. Census. (a) 1970 (b) 1990 (c) 2014 (d) What happens to the rate of change over time?

Calculus: Early Transcendentals
Calculus: Early Transcendentals
8th Edition
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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Poverty The passage of the Social Security Amendments of 1965 resulted in the creation of the Medicare and Medicaid programs. Since then, the percent of persons 65 years and over with family income below the poverty level has declined. The percent can be approximated by the following function: P(1) = 30.60 – 5.79 In t, where t is the number of years since 1965. Find the percent of persons 65 years and over with family income below the pov- erty level and the rate of change in the following years. Source: U.S. Census. (a) 1970 (b) 1990 (c) 2014 (d) What happens to the rate of change over time?
Transcribed Image Text:Poverty The passage of the Social Security Amendments of 1965 resulted in the creation of the Medicare and Medicaid programs. Since then, the percent of persons 65 years and over with family income below the poverty level has declined. The percent can be approximated by the following function: P(1) = 30.60 – 5.79 In t, where t is the number of years since 1965. Find the percent of persons 65 years and over with family income below the pov- erty level and the rate of change in the following years. Source: U.S. Census. (a) 1970 (b) 1990 (c) 2014 (d) What happens to the rate of change over time?
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