With U.S. Department of Health and Human Services data from 2002 and projected to 2024, the total public expenditures for health care H can be modeled by H = 1,500e0.053t where t is the number of years past 2000 and H is in billions of dollars. If this model is accurate, at what rate (in billions of dollars per year) will health care expenditures change in 2023? (Round your answer to one decimal place.) $ billion/year
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With U.S. Department of Health and Human Services data from 2002 and projected to 2024, the total public expenditures for health care H can be modeled by
where t is the number of years past 2000 and H is in billions of dollars. If this model is accurate, at what rate (in billions of dollars per year) will health care expenditures change in 2023? (Round your answer to one decimal place.)
$ billion/year
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