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  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. 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

Algebra & Trigonometry with Analytic Geometry
13th Edition
ISBN:9781133382119
Author:Swokowski
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Chapter2: Equations And Inequalities
Section2.2: Applied Problems
Problem 7E
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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 

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.

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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