Homework Help is Here – Start Your Trial Now!
Math
Advanced Math
You get a new credit card and make an initial charge, but then charge nothing else. The table below shows your balance B, in dollars, after you maden monthly payments. Payments n 2 3 Balance B 1168.72 923.48 1080.48 998.90 a) Find an exponential model for the data. b) What was your initial charge? (Use the model found in part a.) c) What will your balance be after you have made payments for 3 years? (Use the model you found in part a.)

You get a new credit card and make an initial charge, but then charge nothing else. The table below shows your balance B, in dollars, after you maden monthly payments. Payments n 2 3 Balance B 1168.72 923.48 1080.48 998.90 a) Find an exponential model for the data. b) What was your initial charge? (Use the model found in part a.) c) What will your balance be after you have made payments for 3 years? (Use the model you found in part a.)

Algebra & Trigonometry with Analytic Geometry
Algebra & Trigonometry with Analytic Geometry
13th Edition
ISBN:9781133382119
Author:Swokowski
Publisher:Swokowski
Chapter5: Inverse, Exponential, And Logarithmic Functions
Section5.6: Exponential And Logarithmic Equations
Problem 68E
See similar textbooks
icon
Related questions
Question
You get a new credit card and make an initial charge, but then charge nothing else. The table below shows your balance B, in dollars, after you made n monthly payments. Payments n 1 2 3 Balance B 1168.72 998.90 923.48 1080.48 a) Find an exponential model for the data. b) What was your initial charge? (Use the model found in part a.) c) What will your balance be after you have made payments for 3 years? (Use the model you found in part a.)
Transcribed Image Text:You get a new credit card and make an initial charge, but then charge nothing else. The table below shows your balance B, in dollars, after you made n monthly payments. Payments n 1 2 3 Balance B 1168.72 998.90 923.48 1080.48 a) Find an exponential model for the data. b) What was your initial charge? (Use the model found in part a.) c) What will your balance be after you have made payments for 3 years? (Use the model you found in part a.)
Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 3 steps with 3 images

SEE SOLUTIONCheck out a sample Q&A here
Blurred answer
Knowledge Booster
Transcendental Expression
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, advanced-math and related others by exploring similar questions and additional content below.
Recommended textbooks for you
Algebra & Trigonometry with Analytic Geometry
Algebra & Trigonometry with Analytic Geometry
Algebra
ISBN:
9781133382119
Author:
Swokowski
Publisher:
Cengage
SEE MORE TEXTBOOKS