Data from an independent research company found that the annual cost per worker for insurance (health, life, liability, etc.) was increasing according to the function f (x )equals 67.81 e Superscript 0.44 x Baseline comma where f (x )is the cost in dollars per year at time x, and x is the number of years measured from the beginning of the year 1997. That is, x equals 0 corresponds to the start of 1997. Find the total increase in costs during the next 5 years, beginning in 1997.

The cost per worker goes in five years from $67.81 at 1997, to $394.14 in 2001. It is an increase of $326.33 (481%).

Step-by-step explanation:

The annual cost per worker is modeled by the function:

where x = years from 1997.

We have to calculate the cost per worker from 1997 to 2001, according to the function f(x).

We have:

The cost per worker goes in five years from $67.81 at 1997, to $394.14 in 2001. It is an increase of $326.33 (481%).

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