Problem

The total resources (in billions of dollars) of the Pension Benefit Guaranty Corporation,...

The total resources (in billions of dollars) of the Pension Benefit Guaranty Corporation, the government agency that insures pensions, is approximated by

y = −.279x2 + 4.006x + 28.412 (4 ≤ 5 x ≤ 20),

where x = 4 corresponds to 2004.*

(a) When are resources the greatest?


(b) Use the trace feature to find the approximate time when the Corporation will run out of money.

*Center on Federal Financial Institutions

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