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The total spent on research and development by the federal government in the United States during 2002-2012 can be approximated by S(t) = 3.1 In(t) - 22 billion dollars (2 ≤ t ≤ 12), where t is the year since 2000. What was the total spent in 2012 (t = 12)? (Round your answer to the nearest whole number.) billion How fast was it increasing? (Round your answer to three decimal places.) billion per year

The total spent on research and development by the federal government in the United States during 2002-2012 can be approximated by S(t) = 3.1 In(t) - 22 billion dollars (2 ≤ t ≤ 12), where t is the year since 2000. What was the total spent in 2012 (t = 12)? (Round your answer to the nearest whole number.) billion How fast was it increasing? (Round your answer to three decimal places.) billion per year

Mathematics For Machine Technology
Mathematics For Machine Technology
8th Edition
ISBN:9781337798310
Author:Peterson, John.
Publisher:Peterson, John.
Chapter24: Percent Practical Applications
Section: Chapter Questions
Problem 33A: The average percent defective product of a manufacturing plant is 1.20%. On a particular day 50...
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The total spent on research and development by the federal government in the United States during 2002-2012 can be approximated by S(t) = 3.1 In(t) + 22 billion dollars (2 ≤ t ≤ 12), where t is the year since 2000. What was the total spent in 2012 (t = 12)? (Round your answer to the nearest whole number.) billion How fast was it increasing? (Round your answer to three decimal places.) billion per year
Transcribed Image Text:The total spent on research and development by the federal government in the United States during 2002-2012 can be approximated by S(t) = 3.1 In(t) + 22 billion dollars (2 ≤ t ≤ 12), where t is the year since 2000. What was the total spent in 2012 (t = 12)? (Round your answer to the nearest whole number.) billion How fast was it increasing? (Round your answer to three decimal places.) billion per year
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