College Algebra (6th Edition)

Published by Pearson
ISBN 10: 0-32178-228-3
ISBN 13: 978-0-32178-228-1

Chapter 4 - Exponential and Logarithmic Functions - Exercise Set 4.4 - Page 491: 115

Answer

a. $ 17.0\%$, underestimates the percent displayed by the graph by $0.3\%.$ b. in 2019

Work Step by Step

$\mathrm{a}$. 2009 = 2006 +3, so x=3. $f(x)=1.2\ln x+15.7$ $ f(3)=1.2\ln 3+15.7\approx$17.0183347464$\approx 17.0$ According to the function, $ 17.0\%$ of GDP in 2009 went toward health care. This underestimates the percent displayed by the graph by $0.3\%.$ $\mathrm{b}$. When will $f(x)=18.5?$ (Insert and solve for x) $18.5=1.2\ln x+15.7\qquad/-15.7$ $2.8=1.2\ln x\qquad/1.2$ $\displaystyle \frac{2.8}{1.2}=\ln x\qquad$... apply $e^{(...)}$ to both sides ... $\displaystyle \frac{2.8}{1.2}==\frac{28}{12}=\frac{7}{3}$ ... $ x=e^{7/3}\approx$10.3122585013$\approx$10 years after 2009. (in the year 2019)
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