Answered

Discover new perspectives and gain insights with IDNLearn.com's diverse answers. Get step-by-step guidance for all your technical questions from our dedicated community members.

The model y = 420x + 720 approximates the worldwide credit card fraud losses from 1989 and 1993, where x = 0 corresponds to 1989, x = 1 corresponds to 1990, and so on, and y is in millions of dollars. What would be the approximate amount of credit card losses in 1994? remember to include the word millions

Sagot :

Renkneeidn

Answer:

2820 millions

Step-by-step explanation:

1. First, we need to find the value of x by subtract 1989 from 1994.

  • [tex]1994-1989[/tex]
  • [tex]5[/tex]

2. Next, we plug in the variable of 5 and simplify.

  • [tex]y = 420(5) + 720[/tex]
  • [tex]y = 2100 + 720[/tex]
  • [tex]y = 2820[/tex]
  • 2820 millions

Therefore, the answer is 2820 millions.

Have a lovely rest of your day/night, and good luck with your assignments! ♡

27eddinsaidn

Answer:

x = 730

Step-by-step explanation:

Based on the given conditions, formulate: x = 720 + 2 x (1994 - 1989

Calculate: x = 730

ok

We appreciate your contributions to this forum. Don't forget to check back for the latest answers. Keep asking, answering, and sharing useful information. IDNLearn.com is your reliable source for answers. We appreciate your visit and look forward to assisting you again soon.