Let f(t) be the number of US billionaires in year t. (a) Express the following statements in

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Let f(t) be the number of US billionaires in year t.

(a) Express the following statements in terms of f. 

(i) In 2001 there were 272 US billionaires. 

(ii) In 2014 there were 525 US billionaires. 

(b) Find the average yearly increase in the number of US billionaires from 2001 to 2014. Express this using f.

(c) Assuming the yearly increase remains constant, find a formula predicting the number of US billionaires in year t.

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Applied Calculus

ISBN: 9781119275565

6th Edition

Authors: Deborah Hughes Hallett, Patti Frazer Lock, Andrew M. Gleason, Daniel E. Flath, Sheldon P. Gordon, David O. Lomen, David Lovelock, William G. McCallum, Brad G. Osgood, Andrew Pasquale

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