From 1989 to 2005, the number B of federally insured banks could be approximated by B(t)=−320.4t+13712 where t is the year and t=0 corresponds to 1989. How many federally insured banks were there in 1994?

From 1989 to 2005, the number B of federally insured banks could be approximated by B(t)=−320.4t+13712 where t is the year and t=0 corresponds to 1989. How many federally insured banks were there in 1994?

Intermediate Algebra

10th Edition

ISBN:9781285195728

Author:Jerome E. Kaufmann, Karen L. Schwitters

Publisher:Jerome E. Kaufmann, Karen L. Schwitters

Chapter11: Exponential And Logarithmic Functions

Section11.CR: Review Problem Set

Problem 62CR

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Question

From 1989 to 2005, the number B of federally insured banks could be approximated by B(t)=−320.4t+13712 where t is the year and t=0 corresponds to 1989.

How many federally insured banks were there in 1994?

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