In 2011 a country's federal receipts (money taken in) totaled $2.45 trillion. In 2013, total federal receipts were $2.93 trillion. Assume that the growth of federal receipts, F, can be modeled by an exponential function and use 2011 as the base year (t = 0). a) Find the growth rate k to six decimal places, and write the exponential function F(t), for total receipts in trillions of dollars. b) Estimate total federal receipts in 2015. c) When will total federal receipts be $7 trillion? C..... a) Find the growth rate k k: (Do not round until the final answer. Then round to six decimal places as needed)

In 2011 a country's federal receipts (money taken in) totaled $2.45 trillion. In 2013, total federal receipts were $2.93 trillion. Assume that the growth of federal receipts, F, can be modeled by an exponential function and use 2011 as the base year (t = 0). a) Find the growth rate k to six decimal places, and write the exponential function F(t), for total receipts in trillions of dollars. b) Estimate total federal receipts in 2015. c) When will total federal receipts be $7 trillion? C..... a) Find the growth rate k k: (Do not round until the final answer. Then round to six decimal places as needed)

College Algebra

1st Edition

ISBN:9781938168383

Author:Jay Abramson

Publisher:Jay Abramson

Chapter6: Exponential And Logarithmic Functions

Section: Chapter Questions

Problem 29PT: A radiation safety officer is working with 112 grams of a radioactive substance. After 17 days,...

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