The Obama Administration instituted an economic recovery program in 2009 to arrest the recent decline in the US economy which manifested by continuous and persistent rapid closure of businesses. The stimulus program which was meant to halt business closures in thousands is given by the logistic exponential function that follows: N(t) = 10.003 / 1+ 0.0003e 0.8t Where year 0 equals 2009: How many businesses closed in 2016? How many businesses are expected close by 2025 if the intervention works as planned? How many businesses are expected close by 2040 if the intervention works as planned?

The Obama Administration instituted an economic recovery program in 2009 to arrest the recent decline in the US economy which manifested by continuous and persistent rapid closure of businesses. The stimulus program which was meant to halt business closures in thousands is given by the logistic exponential function that follows: N(t) = 10.003 / 1+ 0.0003e 0.8t Where year 0 equals 2009: How many businesses closed in 2016? How many businesses are expected close by 2025 if the intervention works as planned? How many businesses are expected close by 2040 if the intervention works as planned?

Intermediate Algebra

19th Edition

ISBN:9780998625720

Author:Lynn Marecek

Publisher:Lynn Marecek

Chapter10: Exponential And Logarithmic Functions

Section: Chapter Questions

Problem 442RE: Jerome invests $18,000 at age 17. He hopes the investments will be worth $30,000 when he turns 26....

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