The passage of the Social Security Amendments of 1965 resulted in the creation of the Medicare and Medicaid programs. Since then, the percent of persons 65 years and over with family income below the poverty level has declined. The percent can be approximated by P(t) = 28.58 - 5.28*In(t). 1) When will the percent of persons 65 years and over with family income below the poverty level reach 15? - The percent of persons 65 years and over with family income below the poverty level reach 15 in the year___________. (Round to the nearest year.)

Algebra & Trigonometry with Analytic Geometry
13th Edition
ISBN:9781133382119
Author:Swokowski
Publisher:Swokowski
Chapter4: Polynomial And Rational Functions
Section: Chapter Questions
Problem 5T
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The passage of the Social Security Amendments of 1965 resulted in the creation of the Medicare and Medicaid programs. Since then, the percent of persons 65 years and over with family income below the poverty level has declined. The percent can be approximated by P(t) = 28.58 - 5.28*In(t). 

1) When will the percent of persons 65 years and over with family income below the poverty level reach 15?
         - The percent of persons 65 years and over with family income below the poverty level reach 15 in the year___________. (Round to the nearest year.)

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Given function P( t ) = 28.58 - 5.28lnt

 

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