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The table represents the balance of Fernando’s loan, y, over a period several months, x. He used technology to create the scatter plot shown and determine the best fit equation to model the data: y = -440.91x + 22,060.70. Determine how long it will take to reach the given balances.

Sagot :

Answer:

The balance of the loan will be approximately $15,000. - Month 16

The balance of the loan will reach $0. -  Month 50

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