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) = 2,400e−0.25t − 200 thousand homes per year    (0 ≤ t ≤ 4), where t is time in years since January 2006.† Find an expression for the total number N(t) of housing starts in the United States from January 2006 to time t. HINT [Use the shortcuts.] N(t) =          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.)  million homes

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ISBN:9781305115545
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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) = 2,400e−0.25t − 200 thousand homes per year    (0 ≤ t ≤ 4),
where t is time in years since January 2006.† Find an expression for the total number N(t) of housing starts in the United States from January 2006 to time t. HINT [Use the shortcuts.]
N(t) = 
 
 
 
 
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.)
 million homes
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