The Great Recession of 2007 - 2009 is largely attributed to the real estate crisis beginning in 2006, from which time the number of housing starts was approximately n(t) = 2400e^(−0.25t) − 200 thousand homes per year (0 ≤ t ≤ 4), where t is time in years since January 2006. Use the FTC to estimate, to the nearest 0.1 million, the total number of housing starts from January 2006 through June 2009. (The actual number was around 4.9 million homes.)
The Great Recession of 2007 - 2009 is largely attributed to the real estate crisis beginning in 2006, from which time the number of housing starts was approximately n(t) = 2400e^(−0.25t) − 200 thousand homes per year (0 ≤ t ≤ 4), where t is time in years since January 2006. Use the FTC to estimate, to the nearest 0.1 million, the total number of housing starts from January 2006 through June 2009. (The actual number was around 4.9 million homes.)
Functions and Change: A Modeling Approach to College Algebra (MindTap Course List)
6th Edition
ISBN:9781337111348
Author:Bruce Crauder, Benny Evans, Alan Noell
Publisher:Bruce Crauder, Benny Evans, Alan Noell
Chapter2: Graphical And Tabular Analysis
Section2.1: Tables And Trends
Problem 1TU: If a coffee filter is dropped, its velocity after t seconds is given by v(t)=4(10.0003t) feet per...
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The Great Recession of 2007 - 2009 is largely attributed to the real estate crisis beginning in 2006, from which time the number of housing starts was approximately n(t) = 2400e^(−0.25t) − 200 thousand homes per year (0 ≤ t ≤ 4), where t is time in years since January 2006. Use the FTC to estimate, to the nearest 0.1 million, the total number of housing starts from January 2006 through June 2009. (The actual number was around 4.9 million homes.)
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