Concept explainers
Health Care Costs The average company cost per hour of an employee‘s health insurance in year x is approximated by
where x = 4 corresponds to the year 2004. (Data from: U. S. Bureau of Labor Statistics.)
Assuming that this model remains accurate and that an employee works 2100 hours per year, what is the annual company cost of her health care insurance in 2020?
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Mathematics with Applications In the Management, Natural, and Social Sciences (12th Edition)
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