Question
As of 2015, per capita spending on health care in the United States was about $9000. If this amount increased by 6 percent a year,
As of 2015, per capita spending on health care in the United States was about $9000. If this amount increased by 6 percent a year, what would be the amount per capita spending for health care in 14 years?
Table 1
http://lectures.mhhe.com/connect/0073382426/Chapter%201/exhibit_1-b.jpg
Table 2
http://lectures.mhhe.com/connect/0073382426/Chapter%201/exhibit_1-a.jpg
Tabble 3
http://lectures.mhhe.com/connect/0073382426/Chapter%201/exhibit_1-c.jpg
Table 4
http://lectures.mhhe.com/connect/0073382426/Chapter%201/exhibit_1-d.jpg
Use the appropriate Time Value of Money table [Exhibit 1-A, Exhibit 1-B, Exhibit 1-C, OR Exhibit 1-D]
(Round your answer to the nearest whole number. Do not include the comma, period, and "$" sign in your response.)
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