Question
The gross federal debt $y$ (in trillions of dollars) in year $x$ is approximated by$$y=.79 x+3.93 \quad(x \geq 3)$$where $x$ is the number of years after $2000 . $Find the year in which the approximate federal debt is:$\$ 14.2$ billion
Step 1
Since 1 trillion is equal to 1000 billion, we have $14.2$ billion equals $0.0142$ trillion. Show more…
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The gross federal debt $y$ (in trillions of dollars) in year $x$ is approximated by $$ y=.79 x+3.93 \quad(x \geq 3) $$ where $x$ is the number of years after $2000 . $Find the year in which the approximate federal debt is: $\$ 12.62$ billion
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The gross federal debt y of a certain country (in trillions of dollars) in year x can be approximated by the following equation, where x is the number of years after 2000. y = 1.18x + 1.74 Find the federal debt in the year 2009.
Based on data from the U.S. Treasury Department, the federal debt (in trillions of dollars) for the years 1995 to 2004 was given approximately by the formula $$D(x)=4.95+.402 x-.1067 x^{2}+.0124 x^{3}-.00024 x^{4}$$ where $x$ is the number of years elapsed since the end of $1995 .$ Estimate the federal debt at the end of $1999(x=4)$ and the rate at which it was increasing at that time.
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