Exponential Regression The table below shows the value, V, of an investment (in dollars) after n years. 3 12 14 19 V(n) 4600 5678.78 7883.59 11931.09 13511.09 18859.61 Use your calculator to determine the exponential regression equation that models the set of data above. Round the "a" value to two decimals, and round the "b" value to three decimals. Use the indicated variables and proper function notation. V(n) = Based on the your regression model, what is the percent increase per year? Find V(15). Round your answer to two decimal places. V(15) = %3D Interpret your answer by completing the following sentence. Be sure to use units in your answer. is "The value of the investment after
Exponential Regression The table below shows the value, V, of an investment (in dollars) after n years. 3 12 14 19 V(n) 4600 5678.78 7883.59 11931.09 13511.09 18859.61 Use your calculator to determine the exponential regression equation that models the set of data above. Round the "a" value to two decimals, and round the "b" value to three decimals. Use the indicated variables and proper function notation. V(n) = Based on the your regression model, what is the percent increase per year? Find V(15). Round your answer to two decimal places. V(15) = %3D Interpret your answer by completing the following sentence. Be sure to use units in your answer. is "The value of the investment after
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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