2) According to the U.S. Department of Education, the average financial aid award (in dollars) for a full-time student is given in the following table for various years: Year 2000 2005 2009 2011 Amount 2925 3407 4056 4341 Let x = 0 correspond to the year 2000. Find the linear equation that gives the amount of financial aid award in any given year using а. the data from year 2005 and 2011. b. If this linear relationship is expected to continue into the future, predict the average amount of financial aid awarded in year 2030.

2) According to the U.S. Department of Education, the average financial aid award (in dollars) for a full-time student is given in the following table for various years: Year 2000 2005 2009 2011 Amount 2925 3407 4056 4341 Let x = 0 correspond to the year 2000. Find the linear equation that gives the amount of financial aid award in any given year using а. the data from year 2005 and 2011. b. If this linear relationship is expected to continue into the future, predict the average amount of financial aid awarded in year 2030.

Linear Algebra: A Modern Introduction

4th Edition

ISBN:9781285463247

Author:David Poole

Publisher:David Poole

Chapter2: Systems Of Linear Equations

Section2.4: Applications

Problem 16EQ

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