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In 2012, per capita spending on health care in the United States was about $10,500. If this amount increased by 3 percent a year,
In 2012, per capita spending on health care in the United States was about $10,500. If this amount increased by 3 percent a year, what would be the amount of per capita spending for health care in eight years? Hint: Use Exhibit 1-A, Exhibit 1-8, Exhibit 1-C. Exhibit 1-D (Round the discount factor to 3 decimal places and final answer to 2 decimal places.) Future per capita spending
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