SOLUTION: retired has been increasing over the last decade. This is?
The percentage of Americans who are retired has been increasing over the last decade. This is causing some concern becau
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Question 1128708: retired has been increasing over the last decade. This is?
The percentage of Americans who are retired has been increasing over the last decade. This is causing some concern because health care, social security, and other costs will be the responsibility of a smaller group of people. That is, as the percentage of retired people increases, the percentage of working age people decreases. The following model predicts the percentage of retired people based on demographic data1:
R = t/873.36 - 2.15
where R is the percentage (as a decimal) of Americans who are retired in the year t. Use this model to complete the table below.
Year % of Retired People
blank 10%
blank 15%
blank 20%
I rewrote the formula to be:
t=(R+2.15)873.36
For the first one I did t=(.1+2.15) = 2.25 then I multiplied that answer by 873.36 and I still got the wrong answer. Please advise. :(
Answer by solver91311(24713) (Show Source): You can put this solution on YOUR website!
Your process is correct. What answer did you get? Did you remember to round off to the nearest whole number?
John
My calculator said it, I believe it, that settles it
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