The national health care expenditure H (in billions of dollars) can be modeled (that is, accurately approximated) by the formula H = 738.1(1.065)t where t is the number of years past 1990.† (a) What t-value corresponds to 2004? t = years (b) Approximate the national health care expenditure in 2004. (Round your answer to one decimal place.) $ billion (c) Approximate the national health care expenditure in 2014. (Round your answer to one decimal place.) $ billion
The national health care expenditure H (in billions of dollars) can be modeled (that is, accurately approximated) by the formula H = 738.1(1.065)t where t is the number of years past 1990.† (a) What t-value corresponds to 2004? t = years (b) Approximate the national health care expenditure in 2004. (Round your answer to one decimal place.) $ billion (c) Approximate the national health care expenditure in 2014. (Round your answer to one decimal place.) $ 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 national health care expenditure H (in billions of dollars) can be modeled (that is, accurately approximated) by the formula
H = 738.1(1.065)t
where t is the number of years past 1990.†
(a) What t-value corresponds to 2004?
t = years
(b) Approximate the national health care expenditure in 2004. (Round your answer to one decimal place.)
$ billion
(c) Approximate the national health care expenditure in 2014. (Round your answer to one decimal place.)
$ billion
(d) Estimate the national health care expenditure in 2022. (Round your answer to one decimal place.)
$ billion
t = years
(b) Approximate the national health care expenditure in 2004. (Round your answer to one decimal place.)
$ billion
(c) Approximate the national health care expenditure in 2014. (Round your answer to one decimal place.)
$ billion
(d) Estimate the national health care expenditure in 2022. (Round your answer to one decimal place.)
$ billion
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