SOLUTION: Are my choices correct? I want to check my answers. Sean created this table to represent the balance of his loan, y, over a period of months, x. The equation for the line of bes

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Question 1184812: Are my choices correct? I want to check my answers.
Sean created this table to represent the balance of his loan, y, over a period of months, x. The equation for the line of best fit for Sean’s table of data is y = -115.9x + 8,007.30.
According to the line of best fit and using (extrapolation), Sean can estimate that the balance of his loan will reach $0 in month (69).

The question is provided in the link here: https://i.imgur.com/LJZ4YLw.png

Answer by Theo(13342)   (Show Source): You can put this solution on YOUR website!
i think month 70.

the remaining balance will reach 0 in 8007.3 / 11.9 = 69.0880069 months.

the balance will not have reached 0 by the end of the 69th month.

it will have reached 0 by the end of the 70th month.

69 * 115.9 = 7997.1.

that's still not enough to get the balance to becomes 0.

70 * 115.9 = 8113.

that's more than enough to get the balance to become 0.

i would go with 70.


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