W HW11: Logarithmic and Exponential Functions - MATH 1342, section 9U3, Spring... 11. [0/8.33 Points] DETAILS PREVIOUS ANSWERS WANEAC7 4.5.080. webassign.net Courses 1 C The total spent on research and development by the... | Chegg.com MY NOTES ASK YOUR TEACHER PRACTICE ANOTHER The total spent on research and development by the federal government in the United States during 2002-2012 can be approximated by S(t) = 3.1 In(t) +22 billion dollars (2 t 12), where t is the year since 2000. What was the total spent in 2012 (t = 12)? (Round your answer to the nearest whole number.) $ X billion How fast was it increasing? (Round your answer to three decimal places.) $ billion per year Need Help? Read It 12. [-18.37 Points] DETAILS WANEAC7 4.5.085. MY NOTES ASK YOUR TEACHER PRACTICE ANOTHER 0.16t The average price of a two-bedroom apartment in downtown New York City during the real estate boom from 1994 to 2004 can be approximated by p(t) = = 0.33e million dollars (0 t 10), where t is time in years. (t = O represents 1994.)+ What was the average price of a two-bedroom apartment in downtown New York City in 1999? (Round your answers to two significant digits.) HINT [See Quick Example 14.] million dollars How fast was the price increasing? million dollars per year Need Help? Read It Watch It Submit Answer