Answer:
The answer is y = 3(4)^x or answer choice C
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Step-by-step explanation:
Step-by-step explanation:
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<h3>The projected amount the average American spent on health care in 2014 is $ 10075.91</h3>
<em><u>Solution:</u></em>
Given that,
The average American spent $8,508 on health care in 2011
The cost of health care is projected to rise about 5.8% per year for the years 2012-2022
<em><u>The increasing function is given as:</u></em>

Where,
y is future value
a is initial value
r is growth rate in decimal
t is number of years
From given,
a = 8508

t = 2011 to 2014 = 3 years
<em><u>Substituting the values, we get,</u></em>

Thus the projected amount the average American spent on health care in 2014 is $ 10075.91
Answer:
$110 and $30
Step-by-step explanation:
To solve this, we need to know the total share which is,

Then, you need to know the fraction of the share over the total, such that



So if to find how much that'll be of the $180 for the largest and smallest share,
Largest:

Smallest:
