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.  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

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
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Chapter7: Exponents And Exponential Functions
Section7.8: Transforming Exponential Expressions
Problem 13PFA
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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
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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