Question:

CREDIT CARDS IN CHINA The total number of credit cards

Last updated: 7/19/2022

CREDIT CARDS IN CHINA The total number of credit cards

CREDIT CARDS IN CHINA The total number of credit cards issued in China from 2009 through 2012 grew at the rate of r(t) = 153e0.21t (1 ≤1≤4) million/year, where (t = 1) corresponds to 2009. What was the average growth in the number of credit cards issued in China for the period under consideration?