The total amount of consumer credit has been increasing steadily in recent years. The following table gives the total outstanding consumer credit (in billions of dollars). Answer parts (a) through (e)belowYear20042005200620072008ConsumerCredit2250.52303.82415.02517.92595.1Year20092010201120122013ConsumerCredit2551.52645.12757.02926 33099 2a. Find an equation for the least squares line, letting x equal the number of years since 2000.The equation is Y=x(Use integers or decimals for any numbers in the equation Round to two decimal places as needed.)

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Answered: The total amount of consumer credit has…

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 newborn nursery reports 160 infants were born at the hospital in May. Four of these infants died shortly after birth and the remainder were discharged alive. Calculate the newborn death rate. (compute to one decimal place) %
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Complete the following table and draw a graph showing how bond price for each bond changes over time as they move towards their maturity dates. Describe the relationship between bond prices and time remaining for maturity. Using the table below show all the calculations for every bond prices calculated Years remaining to maturity BOND A Coupon rate = 8% p.a. Market interest rate = 6% p.a. BOND B Coupon rate = 6% p.a. Market interest rate = 6% p.a. BOND C Coupon rate = 4% p.a. Market interest rate = 6% p.a. 10 9 8 7 6 5 4 3 2 1 0
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In October 2005, a company employs 11000 people and its total monthly wage bill is 11 million dollars. What is the average monthly wage of the company's employees? Average monthly wage : ___dollars. The company is growing at a rate of 10 employees per month. The total monthly wage bill is increasing at a rate of 260 thousand dollars per month. At what rate is the average monthly wage changing at this time? Give your answer correct to the nearest cent per month. Rate of change: ___ dollars per month. You should be careful over the units in this question. Hint: write the total monthly wage bill as the function f (t) and the number of employees as the function g (t). What is the average monthly wage in terms of the functions f and g?
From the figures, calculate the net population growth rate. Show your working.
Airodyne Wind, Inc., has wind tunnels that can operate vertically or horizontally for evaluating the effects of air flow on a component's PCB response and reliability. The company expects to build a new tunnel that will be outfitted with multiple sensor ports. For the estimates below, calculate the equivalent annual cost of the project. First Cost Replacement Cost, Year 2 AOC per Year Salvage Value Life, Years Interest Rate The equivalent annual cost of the project is $ $-250,000 $-330,000 $-940,000 $280,000 5 11%
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