Personal expenditures Since 1995, the total personal expenditures (in billion of dollars) in the United States for food, f(x) and for housing h(x), can be described by f(x) = 40.74x + 742.65 h(x) = 47.93x + 725 where x is the number of years past 1995. Find the year in which these expenditures were equal and the amount spent on each

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 58E
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Personal expenditures Since 1995, the total personal expenditures (in billion of dollars) in the

United States for food, f(x) and for housing h(x), can be described by

f(x) = 40.74x + 742.65

h(x) = 47.93x + 725

where x is the number of years past 1995. Find the year in which these expenditures were equal

and the amount spent on each

 

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