Medicare expenditures were $110 billion in 1990 and $646 billion in 2015. (Data from: Centers for Medicare and Medicaid

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Medicare expenditures were $110 billion in 1990 and $646 billion in 2015. (Data from: Centers for Medicare and Medicaid

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Medicare expenditures were $110 billion in 1990 and $646 billionin 2015. (Data from: Centers for Medicare and MedicaidServices.)
(a) Let t = 0 correspond to the year 1990, and find a model forthese data.
(b) According to this model, what were medicare expenditures in2012?
(c) If the model remains accurate, estimate Medicareexpenditures in 2025.
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