Answered: A certain country's GDP (total monetary…

College Algebra

7th Edition

ISBN:9781305115545

Author:James Stewart, Lothar Redlin, Saleem Watson

Publisher:James Stewart, Lothar Redlin, Saleem Watson

Chapter3: Polynomial And Rational Functions

Section3.1: Quadratic Functions And Models

Problem 56E: When a certain drug is taken orally, the concentration of the drug in the patient's bloodstream...

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A certain country's GDP (total monetary value of all finished goods and services produced in that country) can be approximated by

g(t) = 7,000 − 720e^−0.08t billion dollars per year (0 ≤ t ≤ 5),

where t is time in years since January 2010. Find an expression for the total GDP G(t) of sold goods in this country from January 2010 to time t. HINT: [Use the shortcuts.]

G(t) =

Estimate, to the nearest billion dollars, the country's total GDP from January 2010 through June 2014. (The actual value was 28,734 billion dollars.)

billion dollars

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