The following expression gives an approximate value of the total average credit card debt in a U.S. household (in dollars) t years after 199

Question

The following expression gives an approximate value of the total average credit card debt in a U.S. household (in dollars) t years after 1995.

400t + 5750

Use this expression to predict what the total average credit card debt will be in the year 2025.

Answer: In the year 2025, the total average credit card debt for a U.S. household will be ———— dollars.

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Diễm Kiều 1 week 2021-07-22T21:53:51+00:00 1 Answers 1 views 0

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    2021-07-22T21:55:30+00:00

    Answer:

    In 2025, t=30. so D=418*30+6000 = 18540

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