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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