The U.S. total annual health care costs (actual and projected, in billions of dollars) for selected years are given in the table. Year Cost Year Cost 2003 1778 2015 3244 2006 2167 2018 3785 2009 2506 2021 4543 2012 2817 2024 5425
The U.S. total annual health care costs (actual and projected, in billions of dollars) for selected years are given in the table. Year Cost Year Cost 2003 1778 2015 3244 2006 2167 2018 3785 2009 2506 2021 4543 2012 2817 2024 5425
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 U.S. total annual health care costs (actual and projected, in billions of dollars) for selected years are given in the table.
Year | Cost | Year | Cost |
---|---|---|---|
2003 | 1778 | 2015 | 3244 |
2006 | 2167 | 2018 | 3785 |
2009 | 2506 | 2021 | 4543 |
2012 | 2817 | 2024 | 5425 |
These costs can be modeled by
C(t) = 0.32t3 − 7.7t2 + 170t + 1300
where
C(t)
is in billions of dollars per year and t is the number of years past 2000. Use a definite integral and this model to find the total U.S. health care costs (in billions of dollars) over the period 2009–2019. (Round your answer to the nearest integer.)Expert Solution
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