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14 July, 14:04

Mr. Valdez puts $10,000 in a retirement account and does not make any deposits or withdrawals. The table below shows the amount of money in the account after x years.

A 2-column table with 5 rows. The first column is labeled years with entries 0, 10, 20, 30, 40. The second column is labeled amount (dollar sign) with entries 10,000; 16,000; 27,000; 43,000; 70,000.

What values, rounded to the nearest hundredth, complete the exponential regression equation that models the data?

f (x) =

(

) x

+4
Answers (2)
  1. 14 July, 14:23
    0
    f (x) = 9,974.73 (1.05) x
  2. 14 July, 14:26
    0
    f (x) = 9,974.73 (1.05) x
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