Question: Question 1 0 , 2 . 4 . 1 5 - BE HW Score: 5 7 . 5 7 % , 1 4 . 3

Question 10,2.4.15-BE
HW Score: 57.57%,14.38 of 25 points
Part 1 of 4
Points: 0 of 1
In 2011 a country's federal receipts (money taken in) totaled $2.37 trillion. In 2013, total federal receipts were $2.68 trillion. Assume that the growth of federal receipts, F, can be modail and use 2011 as the base year (t=0).
a) Find the growth rato k to six decimal places, and write the exponential function F(1), for total recepts in trillions of dollars
b) Estimato total foderal receipts in 2015.
c) When will fotal federal receipts be $10 trillion?
a) Find the growth rate k.
k=
(Do not round until the final answer. Then round to six decimal places as needed.)
Question 1 0 , 2 . 4 . 1 5 - BE HW Score: 5 7 . 5

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Mathematics Questions!