The amount ( in billions of dollars) held in private pension funds can be approximated by the function h(x)=-11052+5742lnx where x=10 corresponds to the year 1990. a) What was the amount in private pension funds in 2001 and 2009? b) If the model remains accurate, when will the amount reach $9000 billion?
The amount ( in billions of dollars) held in private pension funds can be approximated by the function h(x)=-11052+5742lnx where x=10 corresponds to the year 1990. a) What was the amount in private pension funds in 2001 and 2009? b) If the model remains accurate, when will the amount reach $9000 billion?
Advanced Engineering Mathematics
10th Edition
ISBN:9780470458365
Author:Erwin Kreyszig
Publisher:Erwin Kreyszig
Chapter2: Second-order Linear Odes
Section: Chapter Questions
Problem 1RQ
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The amount ( in billions of dollars) held in private pension funds can be approximated by the function h(x)=-11052+5742lnx where x=10 corresponds to the year 1990.
a) What was the amount in private pension funds in 2001 and 2009?
b) If the model remains accurate, when will the amount reach $9000 billion?
a) 179.7g
b)21.66 yrs
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