5. Rare Coins The table below shows the estimated value C, in dollars, of an 1877 Indian Head Cent (Philadelphia mint mark) in very fine condition t years after 1950. C = value, in dollars t = time, in years since 1950 25 30 400 45 625 54 1750 60 2000 a. Use exponential regression to model C as an exponential function of t.

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5. Rare Coins The table below shows the estimated
value C, in dollars, of an 1877 Indian Head Cent
(Philadelphia mint mark) in very fine condition
t years after 1950.
t = time, in
years since 1950
C = value,
in dollars
25
30
400
45
625
54
1750
60
2000
a. Use exponential regression to model C as an
exponential function of t.
Transcribed Image Text:5. Rare Coins The table below shows the estimated value C, in dollars, of an 1877 Indian Head Cent (Philadelphia mint mark) in very fine condition t years after 1950. t = time, in years since 1950 C = value, in dollars 25 30 400 45 625 54 1750 60 2000 a. Use exponential regression to model C as an exponential function of t.
b. According to your exponential model, by what
percentage does the value of the 1877 cent
increase from year to year?
Transcribed Image Text:b. According to your exponential model, by what percentage does the value of the 1877 cent increase from year to year?
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