The Great Recession of 2007 - 2009 is largely attributed to the real estate crisis beginning in 2006, from which time the number of housing starts was approximately n(t) = 2400e^(−0.25t) − 200 thousand homes per year (0 ≤ t ≤ 4), where t is time in years since January 2006. Use the FTC to estimate, to the nearest 0.1 million, the total number of housing starts from January 2006 through June 2009. (The actual number was around 4.9 million homes.)
The Great Recession of 2007 - 2009 is largely attributed to the real estate crisis beginning in 2006, from which time the number of housing starts was approximately n(t) = 2400e^(−0.25t) − 200 thousand homes per year (0 ≤ t ≤ 4), where t is time in years since January 2006. Use the FTC to estimate, to the nearest 0.1 million, the total number of housing starts from January 2006 through June 2009. (The actual number was around 4.9 million homes.)
Calculus For The Life Sciences
2nd Edition
ISBN:9780321964038
Author:GREENWELL, Raymond N., RITCHEY, Nathan P., Lial, Margaret L.
Publisher:GREENWELL, Raymond N., RITCHEY, Nathan P., Lial, Margaret L.
Chapter7: Integration
Section7.EA: Extended Application Estimating Depletion Dates For Minerals
Problem 4EA
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The Great Recession of 2007 - 2009 is largely attributed to the real estate crisis beginning in 2006, from which time the number of housing starts was approximately n(t) = 2400e^(−0.25t) − 200 thousand homes per year (0 ≤ t ≤ 4), where t is time in years since January 2006. Use the FTC to estimate, to the nearest 0.1 million, the total number of housing starts from January 2006 through June 2009. (The actual number was around 4.9 million homes.)
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