To be eligible for Medicare, you must be fully insured according to Social Security. This involves accumulating a minimum of how many credits? A) 40 credits B) 80 credits C) 100 credits D) 60 credits
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Medicare Premiums. The monthly Medicare Part B health-care premium for most beneficiaries ages 65 and older has increased significantly since $1975 .$ The monthly premium has increased from about $\$ 7$ in 1975 to $\$ 110.50$ in 2011. The following exponential function models the premium increases: $$ M(x)=7(1.080)^{x} $$ where $x$ is the number of years since $1975 .$ Estimate the monthly Medicare Part B premium in $1985,$ in $1992,$ and in $2002 .$ Round to the nearest dollar.
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