asked 64.1k views
4 votes
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.
392t + 5400
Use this expression to predict what the total average credit card debt was or will be in the year 2005.

1 Answer

2 votes

2005 is 10 years after 1995.


392(10)+5400=\boxed{\$8690}

answered
User HackerBoss
by
8.7k points
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