Find the predicted total expenditures

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Reference no: EM131781781

Question: The total national expenditures (in billions of dollars) for health services and supplies from 2000 and projected to 2018 can be modeled with the equation

E = 1327e^0.062t

where t is the number of years past 2000 (Source: U.S. Centers for Medicare & Medicaid Services).

(a) Find the predicted total expenditures for 2015.

(b) According to the model, how long will it take for the 2015 total expenditures to double?

Reference no: EM131781781

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