The table below shows the balance of Marissa's savings account at the end of the year. Which model would fit this data best: linear, cubic, or exponential? Using the model, write a best-fit equation, then estimate the year the balance will reach $1,500. Year Balance ($) 2009 2010 2011 2012 2013 2014 500 540 583.20 629.86 680.24 734.66
The table below shows the balance of Marissa's savings account at the end of the year. Which model would fit this data best: linear, cubic, or exponential? Using the model, write a best-fit equation, then estimate the year the balance will reach $1,500. Year Balance ($) 2009 2010 2011 2012 2013 2014 500 540 583.20 629.86 680.24 734.66
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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Transcribed Image Text:6. The table below shows the balance of Marissa's savings account at the end of the year. Which model
would fit this data best: linear, cubic, or exponential? Using the model, write a best-fit equation, then
estimate the year the balance will reach $1,500.
Year
2009
2010
2011
2012
2013
2014
Balance ($)
500
540
583.20
629.86
680.24
734.66
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