The amount that personal households and nonprofit organizations have invested in time and savings deposits can be modeled by D(t)= 65.3(t-3.3)²+ 4585 where D(t) represents the amount in billions of dollars the households and nonprofit organizations have deposited in time and savings accounts t years since 2002. How much did personal households and nonprofit organizations have invested in 2013? Round your final answer to two decimal places.

The amount that personal households and nonprofit organizations have invested in time and savings deposits can be modeled by D(t)= 65.3(t-3.3)²+ 4585 where D(t) represents the amount in billions of dollars the households and nonprofit organizations have deposited in time and savings accounts t years since 2002. How much did personal households and nonprofit organizations have invested in 2013? Round your final answer to two decimal places.

ECON MACRO

5th Edition

ISBN:9781337000529

Author:William A. McEachern

Publisher:William A. McEachern

Chapter13: Money And The Financial System

Section: Chapter Questions

Problem 2.7P

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