Question: The total national expenditures (in billions of dollars) for health services and supplies from 2000 and projected to 2018 can be modeled with the equation
E = 1327e0.062t
where t is the number of years past 2000 (Source: U.S. Centers for Medicare & Medicaid Services).
(a) Find the predicted total expenditures for 2015.
(b) According to the model, how long will it take for the 2015 total expenditures to double?