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Mr. Valdez puts $10,000 in a retirement account and does not make any deposits or withdrawals. The table below shows the amount of money in the account after x years.

A 2-column table with 5 rows. The first column is labeled years with entries 0, 10, 20, 30, 40. The second column is labeled amount (dollar sign) with entries 10,000; 16,000; 27,000; 43,000; 70,000.
What values, rounded to the nearest hundredth, complete the exponential regression equation that models the data?



f(x) =
(
)x

2 Answers

4 votes

Answer:

f(x)= 9,974.73 (1.05)x

Explanation:

edge 2022

User Lightxx
by
4.3k points
1 vote

Answer:

f(x)= 9,974.73 (1.05)x

User Nivek
by
4.2k points