Suppose annual expenditures on health in a certain country from 1980 to 2010 could be modeled by F(t) = 284(1.08)t billion dollars (0 ≤ t ≤ 30) (t = 0 represents 1980). What was the average annual expenditure over the period shown? (Round your answer to the nearest billion dollars.) HINT [See Example 2.] $ billion
Suppose annual expenditures on health in a certain country from 1980 to 2010 could be modeled by F(t) = 284(1.08)t billion dollars (0 ≤ t ≤ 30) (t = 0 represents 1980). What was the average annual expenditure over the period shown? (Round your answer to the nearest billion dollars.) HINT [See Example 2.] $ billion
Algebra & Trigonometry with Analytic Geometry
13th Edition
ISBN:9781133382119
Author:Swokowski
Publisher:Swokowski
Chapter5: Inverse, Exponential, And Logarithmic Functions
Section5.3: The Natural Exponential Function
Problem 40E
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Suppose annual expenditures on health in a certain country from 1980 to 2010 could be modeled by
F(t) = 284(1.08)t billion dollars (0 ≤ t ≤ 30)
(t = 0
represents 1980). What was the average annual expenditure over the period shown? (Round your answer to the nearest billion dollars.) HINT [See Example 2.]
$ billion
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