The total spent on research and development by the federal government in the United States during 2002-2012 can be approxima S(t)= 3.1 In(t) + 22 billion dollars (2 ≤ t ≤ 12), where t is the year since 2000.+ What was the total spent in 2005 (t = 5)? (Round your answer to the nearest whole number.) $ billion How fast was it increasing? (Round your answer to three decimal places.) $ billion per year

Mathematics For Machine Technology
8th Edition
ISBN:9781337798310
Author:Peterson, John.
Publisher:Peterson, John.
Chapter24: Percent Practical Applications
Section: Chapter Questions
Problem 33A: The average percent defective product of a manufacturing plant is 1.20%. On a particular day 50...
icon
Related questions
Question
The total spent on research and development by the federal government in the United States during 2002-2012 can be approximated by
S(t) = 3.1 In(t) + 22 billion dollars. (2 ≤ t ≤ 12),
where t is the year since 2000.† What was the total spent in 2005 (t = 5)? (Round your answer to the nearest whole number.)
$
billion
How fast was it increasing? (Round your answer to three decimal places.)
$
billion per year
Transcribed Image Text:The total spent on research and development by the federal government in the United States during 2002-2012 can be approximated by S(t) = 3.1 In(t) + 22 billion dollars. (2 ≤ t ≤ 12), where t is the year since 2000.† What was the total spent in 2005 (t = 5)? (Round your answer to the nearest whole number.) $ billion How fast was it increasing? (Round your answer to three decimal places.) $ billion per year
Expert Solution
steps

Step by step

Solved in 2 steps with 1 images

Blurred answer
Recommended textbooks for you
Mathematics For Machine Technology
Mathematics For Machine Technology
Advanced Math
ISBN:
9781337798310
Author:
Peterson, John.
Publisher:
Cengage Learning,
College Algebra (MindTap Course List)
College Algebra (MindTap Course List)
Algebra
ISBN:
9781305652231
Author:
R. David Gustafson, Jeff Hughes
Publisher:
Cengage Learning
Algebra & Trigonometry with Analytic Geometry
Algebra & Trigonometry with Analytic Geometry
Algebra
ISBN:
9781133382119
Author:
Swokowski
Publisher:
Cengage
College Algebra
College Algebra
Algebra
ISBN:
9781337282291
Author:
Ron Larson
Publisher:
Cengage Learning
College Algebra
College Algebra
Algebra
ISBN:
9781938168383
Author:
Jay Abramson
Publisher:
OpenStax