Assume the United States's national debt can be estimated with the model y = 0.051517(1.1306727)x, where x
Question:
a. According to the model, when did the debt pass $1 trillion ($1000 billion)?
b. According to the model, what is the annual growth rate of the national debt?
c. What is the doubling time for this growth model?
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Related Book For
Discovering Advanced Algebra An Investigative Approach
ISBN: 978-1559539845
1st edition
Authors: Jerald Murdock, Ellen Kamischke, Eric Kamischke
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