Question

since 1995, the daily cost of patient care in community hospitals in the US has increased about 4% pee year. in 1995, such hospital costs were an average of $968 per day. Write an Equation to model the cost of hospital care since 1995.​

Answer 1

answer below

Explanation:

y = 968(1 + 0.04)^t. This is before adding it

y = 968(1.04)^26. This is after adding it and including the years for t = time.

I hope this helps, sorry if it doesn't