<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:
13
Step-by-step explanation:
Answer:
i would say its b
Step-by-step explanation:
Answer:
The answer is a quadratic equation
Answer:
The profit = $(3x - 75) where x = number of t-shirts sold
Step-by-step explanation:
School spirit club wants to raise money by selling t-shirts. one local company charges a fixed fee of $75 for creating the design and $5 for each shirt that they print.
We have to find the club's income if they sell each t-shirt for $8.
Let the number of t-shirts that the club sell be equal to x.
So the cost of making x t-shirts = 75 + 5x
If the club sells x t-shirts , then the money they earn = 8x
Profit = selling price - cost price
= 8x - (75 + 5x)
= $(3x - 75)
The club also needs to sell at least 25 t-shirts to make a profit and from then on makes a profit of $3 on each t-shirt they sell.
