The table below shows a recent graduate's credit card balance each month after graduation. Month 1 2 3 4 5 6 7 8 Debt ($) 620.00 761.88 899.80 1039.93 1270.63 1589.04 1851.31 2154.92 a) Look at the graph on your calculator. Based on this graph, what type of equation should represent this situation? Explain your answer. b) Use your calculator to find the equation that you feel best fits this data. What is the equation? c) Based on this equation, what is the predicted amount of debt for month 9 after graduation?
The table below shows a recent graduate's credit card balance each month after graduation. Month 1 2 3 4 5 6 7 8 Debt ($) 620.00 761.88 899.80 1039.93 1270.63 1589.04 1851.31 2154.92 a) Look at the graph on your calculator. Based on this graph, what type of equation should represent this situation? Explain your answer. b) Use your calculator to find the equation that you feel best fits this data. What is the equation? c) Based on this equation, what is the predicted amount of debt for month 9 after graduation?
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
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The table below shows a recent graduate's credit card balance each month after graduation.
Month | 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 |
Debt ($) | 620.00 | 761.88 | 899.80 | 1039.93 | 1270.63 | 1589.04 | 1851.31 | 2154.92 |
a) Look at the graph on your calculator. Based on this graph, what type of equation should represent this situation? Explain your answer.
b) Use your calculator to find the equation that you feel best fits this data. What is the equation?
c) Based on this equation, what is the predicted amount of debt for month 9 after graduation?
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