Social Insecurity: Income and Outflow of the Social Security System $2000 $1600 $1200 Income $800 Outflow $400 2004 2008 2012 2016 2020 2024 Year Income/Outflow (billions of dollars)
Unitary Method
The word “unitary” comes from the word “unit”, which means a single and complete entity. In this method, we find the value of a unit product from the given number of products, and then we solve for the other number of products.
Speed, Time, and Distance
Imagine you and 3 of your friends are planning to go to the playground at 6 in the evening. Your house is one mile away from the playground and one of your friends named Jim must start at 5 pm to reach the playground by walk. The other two friends are 3 miles away.
Profit and Loss
The amount earned or lost on the sale of one or more items is referred to as the profit or loss on that item.
Units and Measurements
Measurements and comparisons are the foundation of science and engineering. We, therefore, need rules that tell us how things are measured and compared. For these measurements and comparisons, we perform certain experiments, and we will need the experiments to set up the devices.
The graphs shows the amount being paid in Social Security benefits and the amount going into the system.
In 2004, the system’s income was $575 billion, projected to increase at an average rate of $43 billion per year. In which year will the system’s income be $1177 billion?
The data for the system’s outflow can be modeled by the formula
B = 0.07x2 + 47.4x + 500,where B represents the amount paid in benefits, in billions of dollars, x years after 2004. According to this model, when will
the amount paid in benefits be $1177 billion? Round to the nearest year.
How well do your answers model the data shown by the graphs?
Trending now
This is a popular solution!
Step by step
Solved in 2 steps with 1 images
