A credit card company estimates that the average cardholder owed $7440 in the year 2005 and $9420 in 2010. Suppose average

Question

A credit card company estimates that
the average cardholder owed $7440
in the year 2005 and $9420 in 2010.
Suppose average cardholder debt D
grows at a constant rate.
a. Express D as a linear function of
time t, where t is the number of years
after 2005.
b. Draw the graph.
c. Use the function in part (a) to
predict the average cardholder debt
in the year 2015.

Kunduz · Accepted Answer

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