Year $ (billions) Year $ (billions) 2000 1264 2010 2458 2002 1498 2012 2746 2004 1733 2014 3107 2006 1976 2016 3556 2008 2227 2018 4086
Year $ (billions) Year $ (billions) 2000 1264 2010 2458 2002 1498 2012 2746 2004 1733 2014 3107 2006 1976 2016 3556 2008 2227 2018 4086
College Algebra (MindTap Course List)
12th Edition
ISBN:9781305652231
Author:R. David Gustafson, Jeff Hughes
Publisher:R. David Gustafson, Jeff Hughes
Chapter5: Exponential And Logarithmic Functions
Section5.2: Applications Of Exponential Functions
Problem 3SC
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Question
Health Services Expenditures The following table
gives total U.S. expenditures (in billions of dollars)
for health services and supplies for selected years
from 2000 and projected to 2018.
a. Find an exponential
with x equal to the number of years after 2000.
b. Use the model to estimate the U.S. expenditures
for health services and supplies in 2020.
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