Question

In 2010, America's Healthcare cost $14,009 per family. Assuming a growth rate of 8.5% a year with a forecasted cost of $21,065 in 2015, how much more will a family pay in 2015? Please help

Answer 1

I believe you just subtract the two numbers, so
 21,065
-14,009
-----------
   $7,056
I hope this helped if not then expand upon the question for me :)

Answer 2

The families pay $7,056 more for Healthcare in 2015 as compared to in 2010.

What is Growth Rate?

The percentage by which something is growing with respect to the initial stage is called the Growth Rate.

The cost of healthcare was $14,009 in 2010

The cost of healthcare is $21,065 in 2015

Each year the growth rate is 8.5%

The families in 2015 have to pay more $ ( 21,065- 14,009)

The families pay $7,056 more for Healthcare in 2015 as compared to in 2010.

To know more about Growth Rate

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