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Mathematics, 12.04.2020 21:10 Amholloway13

The expression 475\cdot1.076^t475⋅1.076
t
475, dot, 1, point, 076, start superscript, t, end superscript models the average annual per capita health care costs, in dollars, in the US as a function of the number of years since 197019701970.
What does 1.0761.0761, point, 076 represent in this expression?

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The expression 475\cdot1.076^t475⋅1.076
t
475, dot, 1, point, 076, start superscript, t...
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