According to the Social Security Advisory Board, the number of workers per beneficiary of the Social Security program was 3.3 in 1996 and is projected to decline by 1.46% each year through 2030. (a) Find the function for the model that gives the number of workers per beneficiary, where x is the number of years from 1996, with data from 0 s x s 34 W(x) (b) What does the model predict the number of workers per beneficiary will be in 2020? (Round your answers to three decimal places when appropriate.) workers

College Algebra
1st Edition
ISBN:9781938168383
Author:Jay Abramson
Publisher:Jay Abramson
Chapter6: Exponential And Logarithmic Functions
Section6.8: Fitting Exponential Models To Data
Problem 1TI: Table 2 shows a recent graduate’s credit card balance each month after graduation. a. Use...
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According to the Social Security Advisory Board, the number of workers per beneficiary of the Social Security program was 3.3 in 1996 and is projected to decline by 1.46% each year through 2030.
(a) Find the function for the model that gives the number of workers per beneficiary, where x is the number of years from 1996, with data from 0 s x s 34
W(x)
(b) What does the model predict the number of workers per beneficiary will be in 2020? (Round your answers to three decimal places when appropriate.)
workers
Transcribed Image Text:According to the Social Security Advisory Board, the number of workers per beneficiary of the Social Security program was 3.3 in 1996 and is projected to decline by 1.46% each year through 2030. (a) Find the function for the model that gives the number of workers per beneficiary, where x is the number of years from 1996, with data from 0 s x s 34 W(x) (b) What does the model predict the number of workers per beneficiary will be in 2020? (Round your answers to three decimal places when appropriate.) workers
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