Question:
The table below shows the value V of an investment in
Last updated: 6/29/2023
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The table below shows the value V of an investment in dollars after n years 3 7 12 14 19 8351 13 9282 72 12368 52 Use your calculator to determine the exponential regression equation that models the set of data above Round the a value to two decimals and round the b value to three decimals Use the indicated variables V Based on the your regression model what is the percent increase per year n 0 V 3600 4321 95 5780 81 V Find V when n 8 Round your answer to two decimal places Interpret your answer by completing the following sentence Be sure to use units in your answer