For the years from 2002 and projected to 2024, the national health care expenditures H, in billions of dollars, can be modeled by H = 1,500e0.053t where t is the number of years past 2000.† In what year are national health care expenditures expected to reach $4.0 trillion (that is, $4,000 billion)?

Algebra for College Students
10th Edition
ISBN:9781285195780
Author:Jerome E. Kaufmann, Karen L. Schwitters
Publisher:Jerome E. Kaufmann, Karen L. Schwitters
Chapter8: Functions
Section8.7: Direct And Inverse Variation
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For the years from 2002 and projected to 2024, the national health care expenditures H, in billions of dollars, can be modeled by

H = 1,500e0.053t

where t is the number of years past 2000.† In what year are national health care expenditures expected to reach $4.0 trillion (that is, $4,000 billion)?

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