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 ($) 620.00 761.88 899.80 1039.93 1270.63 1589.04 1851.31 2154.92 a) Look at the graph on your calculator. Based on this graph, what type of equation should represent this situation? Explain your answer. b) Use your calculator to find the equation that you feel best fits this data. What is the equation? c) Based on this equation, what is the predicted amount of debt for month 9 after graduation? View keyboard shortcuts EditViewInsertFormatToolsTable 12pt
The table below shows a recent graduate's credit card balance each month after graduation. Month 1 2 3 4 5 6 7 8 Debt ($) 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? View keyboard shortcuts EditViewInsertFormatToolsTable 12pt
Advanced Engineering Mathematics
10th Edition
ISBN:9780470458365
Author:Erwin Kreyszig
Publisher:Erwin Kreyszig
Chapter2: Second-order Linear Odes
Section: Chapter Questions
Problem 1RQ
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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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EditViewInsertFormatToolsTable
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