SOLUTION: The function f(x)=6.75 x +12 squared 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 amount loa

Question 761604: The function f(x)=6.75 x +12 squared 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 amount loaned expected to reach $32.25 billion?
Please show details. Thank you.
Answer by stanbon(75887) (Show Source): You can put this solution on YOUR website!
The function f(x)=6.75 x +12 squared 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 amount loaned expected to reach $32.25 billion?
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f(x)=6.75 x +12
32.25 = 6.75x + 12
20.25 = 6.75x
x = 3 years
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Answer: 1996
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Cheers,
Stan H.
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