Problem

The gross federal debt y (in trillions of dollars) in year x is approximated by y = .79x +...

The gross federal debt y (in trillions of dollars) in year x is approximated by

y = .79x + 3.93 (x ≥ 3),

where x is the number of years after 2000. * In Exercise, find the year in which the approximate federal debt is:

$12.62 billion

*Based on data and projections from the Congressional Budget Office in 2005.

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