Mathematics, 07.06.2021 20:10, SuBzErO24
Samantha took out a loan that does not require her to make any payments for 12β months, although interest is being charged to her account. The table below shows the total amount she owes each month after taking the loan. Complete parts β(a) through β(f).
Loan Balance
Month
0
1
2
3
4
Total Amount Owedβ ($)
β(a) Find an exponential model that is a reasonable fit for the data.
The exponential model that is a reasonable fit for the data is βf(x)
3600 left parenthesis 1.019 right parenthesis Superscript x.
β(Type integers or decimals rounded to three decimal places as needed. Type an expression using x as theβ variable.)
β(b) How much will Samantha owe at the end of 12β months, assuming she does not make any payments beforeβ then?
At the end of 12 months Samantha will owe β$
nothing.
β(Round to the nearest integer asβ needed.)
Answers: 2
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Samantha took out a loan that does not require her to make any payments for 12β months, although int...
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