Annual federal spending on Medicare increased more or less linearly from $55 billion in 1973 to $160 billion in 1994. Use these data to express s, the annual spending on Medicare (in billions of dollars), as a linear function of t, the number of years since 1973.

Question

Annual federal spending on Medicare increased more or less linearly from $55 billion in 1973 to $160 billion in 1994. Use these data to express ​s, the annual spending on Medicare (in billions of dollars), as a linear function of t, the number of years since 1973.

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The Answer of Annual federal spending on Medicare increased more or less linearly from $55 billion in 1973 to $160 billion in 1994. Use these data to express ​s, the annual spending on Medicare (in billions of dollars), as a linear function of t, the number of years since 1973.

Annual Federal Spending on Medicare Increased More or Less Linearly