United States exports increased from $12 billion in 1950 to $1.550 trillion, or $1550 billion, in 2009

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United States exports increased from $12 billion in 1950 to $1.550 trillion, or $1550 billion, in 2009 (Sources: www.dlc.org; U.S. Department of Commerce).
Assuming that the exponential growth model applies:
a) Find the value of k and write the function.
b) Estimate the value of exports, in billions, in 1972, in 2001, and in 2015. Round to the nearest tenth of a billion
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College Algebra Graphs and Models

ISBN: 978-0321845405

5th edition

Authors: Marvin L. Bittinger, Judith A. Beecher, David J. Ellenbogen, Judith A. Penna

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