Answer:
y>5/6
Step-by-step explanation:
5y+3>-7y+13
5y+7y>13-3
12y/12>10/12
y>5/6
This is an inequality, which shows where the variable y does or does not exist
from this we can say
y: (-infinity,5/6) (5/6, infinity]
or, y does not exist from (-infinity,5/6)
and does exist from (5/6, infinity]
<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