SOLUTION: The function f(x)=6.75 X+12 models the amount, F(x), in billions of dollars of new student loans x years after 1993. According to the model, in what year is the model is the amount
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Question 627390: The function f(x)=6.75 X+12 models the amount, F(x), in billions of dollars of new student loans x years after 1993. According to the model, in what year is the model is the amount loaned expected to reach $45.75 billoin?
Answer by jim_thompson5910(35256) (Show Source): You can put this solution on YOUR website!
So 5 years after 1993, which is the year 1993 + 5 = 1998, the amount loaned is expected to reach $45.75 billion.
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