6 Jean invested $380 in stocks. Over the next 5 years, the value of her investment grew, as shown in the accompanying table. Value of Stock, In Dollars () Years Since Investmont (x) 880 '1. 2 414 4 15 462 Write the exponential regression equation for this set of data, rounding all values to two decimal places. Using this equation, find the value of her stock, to the nearest dollar, 10 years after her initial purchase.

Algebra and Trigonometry (6th Edition)
6th Edition
ISBN:9780134463216
Author:Robert F. Blitzer
Publisher:Robert F. Blitzer
ChapterP: Prerequisites: Fundamental Concepts Of Algebra
Section: Chapter Questions
Problem 1MCCP: In Exercises 1-25, simplify the given expression or perform the indicated operation (and simplify,...
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6 Jean invested $380 in stocks. Over the next 5
years, the value of her investment grew, as shown
in the accompanying table.
Years Since
Investment (x)
Value of Stock,
in Dollars ()
880
1.
2
414
462
Write the exponential regression equation for this
set of data, rounding all values to two decimal
places. Using this equation, find the value of her
stock, to the nearest dollar, 10 years after her
initial purchase.
Transcribed Image Text:6 Jean invested $380 in stocks. Over the next 5 years, the value of her investment grew, as shown in the accompanying table. Years Since Investment (x) Value of Stock, in Dollars () 880 1. 2 414 462 Write the exponential regression equation for this set of data, rounding all values to two decimal places. Using this equation, find the value of her stock, to the nearest dollar, 10 years after her initial purchase.
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