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For selected years from 1960 to 2001, the national health care expenditures H, in billions of dollars, can be modeled by , where t is the number of years past 1960 (Source: U.S. Department of Health and Human Services) . If this model remains accurate, in what year will national health care expenditures reach $3 trillion (that is, $3000 billion) ? Round your answer to the nearest year.
Time Horizons
The timeframe within which objectives are planned to be achieved or events are expected to occur, influencing decision-making processes.
Milestone Schedule
A project management tool that outlines significant events or achievements along a project timeline.
Project Risk Management
The process of identifying, analyzing, and responding to project risks to minimize their impact.
Positive Float
The extra time available beyond a project's expected completion time, allowing for delays without affecting the deadline.
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