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Question: For the period 1995-2002, the total personal expenditures (in billions of dollars) in the United …

by | Jan 12, 2025 | Posted Questions


For the period 1995-2002, the total personal expenditures (in
billions of dollars) in the United States for food,
f(x), and for housing, h(x),
can be described by the equations shown below, where x is
the number of years past 1995.†

f(x) = 40.74x +
742.65     and     h(x)
= 47.93x + 725

Find the year in which these expenditures were equal and the
amount spent on each. (Round the year up. Give the amount correct
to the nearest whole billion.)

year
amount billion dollars

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