Question:

In 2011 a country s federal receipts money taken in totaled

Last updated: 3/2/2023

In 2011 a country s federal receipts money taken in totaled

In 2011 a country s federal receipts money taken in totaled 2 01 trillion In 2013 total federal receipts were 2 75 trillion Assume that the growth of federal receipts F can be modeled by an exponential function and use 2011 as the base year t 0 a Find the growth rate k to six decimal places and write the exponential function F t for total receipts in trillions of dollars b Estimate total federal receipts in 2015 c When will total federal receipts be 10 trillion a Find the growth rate k k Do not round until the final answer Then round to six decimal places as needed