Consumer expenditures, in millions of dollars, on all types of books in the United States for the years 1995-2005 can be modeled by the function defined by 0.0497x B(x)= 27,330 e where x 0 represents 1995, x=1 represents 1996, and so on. Approximate consumer expenditures for 2001. The total expenditures in the year 2001 was approximately (Round to the nearest integer as needed.) million dollars.

Big Ideas Math A Bridge To Success Algebra 1: Student Edition 2015
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ISBN:9781680331141
Author:HOUGHTON MIFFLIN HARCOURT
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Chapter8: Graphing Quadratic Functions
Section: Chapter Questions
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Consumer expenditures, in millions of dollars, on all types of books in the United States for the years 1995-2005 can be modeled by the function defined by
where x-0 represents 1995, x= 1 represents 1996, and so on. Approximate consumer expenditures for 2001.
0.0497x
B(x) = 27,330 e
The total expenditures in the year 2001 was approximatelymillion dollars.
(Round to the nearest integer as needed.)
Transcribed Image Text:Consumer expenditures, in millions of dollars, on all types of books in the United States for the years 1995-2005 can be modeled by the function defined by where x-0 represents 1995, x= 1 represents 1996, and so on. Approximate consumer expenditures for 2001. 0.0497x B(x) = 27,330 e The total expenditures in the year 2001 was approximatelymillion dollars. (Round to the nearest integer as needed.)
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