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[Solution Library] Business. The table shows outstanding consumer credit (in billions of dollars) in various years. Find an exponential model for this data,

Question: Business. The table shows outstanding consumer credit (in billions of dollars) in various years.

  1. Find an exponential model for this data, with t = 0 corresponding to 1980.
  2. If this model remains accurate, what will the or standing consumer credit be in 2003 and 2006?
  3. in what year will consumer credit reach $325th billion

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Solution: The downloadable solution consists of 2 pages
Deliverable: Word Document


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