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The amount of money (in billions of U.S. dollars) that China spends on research and development can be approximated by f(t) = 26.67e 166t where
The amount of money (in billions of U.S. dollars) that China spends on research and development can be approximated by f(t) = 26.67e166t where t = 0 corresponds to the year 2000. Find the rate of change of Chinese research and development spending in 2012. (Data from: National Science Foundation. National Patterns of R&D Resources, annual report.)
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