Cash Social Security distributions were $35 million, or $0.035 billion, in 1940. This amount has increased exponentially
Question:
a) Find the exponential growth rate k.
b) Find the exponential growth function.
c) Estimate the total cash distributions in 1965, in 1995, and in 2015.
d) In what year will the cash benefits reach $2 trillion?
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Related Book For
College Algebra Graphs and Models
ISBN: 978-0321845405
5th edition
Authors: Marvin L. Bittinger, Judith A. Beecher, David J. Ellenbogen, Judith A. Penna
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