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The Supplemental Nutrition Assistance Program (SNAP) to provide food assistance has increased the number of participants in millions in the years from 2000 to 2008. Let P be the number of participants in millions and t be years since 2000. The following linear model fits the data: . Use the model to estimate the number of participants in SNAP in 2003. Is this interpolation or extrapolation?
Contract Law
The body of law that regulates legally binding agreements between parties.
Income-Splitting
A tax strategy used by families or partnerships to divide income amongst members to lower the overall tax liability by utilizing lower tax brackets.
Back Pay
Compensation owed to an employee for a past period, typically due to underpayment or wage disputes.
Tax Purposes
Motivations or reasons related to the calculation, payment, or avoidance of taxes.
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