In 2015 the foreign debt of the Philippines is PhP2,070.2* billion. Last year, 2020 it was PhP2,950.0* billion. Assuming that the growth of the indebtedness is directly proportional to the present debt, predict the foreign debt (in billions of pesos) of the Philippines in 2025.

College Algebra
1st Edition
ISBN:9781938168383
Author:Jay Abramson
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Chapter6: Exponential And Logarithmic Functions
Section6.1: Exponential Functions
Problem 63SE: In the year 1985, a house was valued at 110,000. Bythe year 2005, the value hadappreciated to...
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In 2015 the foreign debt of the Philippines is PhP2,070.2* billion. Last year, 2020 it was PhP2,950.0* billion. Assuming that the growth of the indebtedness is directly proportional to the present debt, predict the foreign debt (in billions of pesos) of the Philippines in 2025.

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