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The following expression gives an approximate value of the total average credit card debt in a U.S. household (in dollars) t t years after 1995. 418 t + 5530 418t+5530 Use this expression to predict what the total average credit card debt was or will be in the year 2004. Answer: In the year 2004, the total average credit card debt for a U.S. household will be (or was)

Respuesta :

mathmate
2004 is nine years after 1995, t=9.
Using the given formula,
Debt(t)=418t+5530
Debt(9)=418*9+5530=$9292  in 2004
lublana

Answer:

$9292

Step-by-step explanation:

We are given that an expression which gives an approximate value of the total average credit card debt in a U.S. household (in dollars )t years after 1995

We have to find the total average credit card debt will be in the year 2004.

Number of years =2004-1995=9

t=9 years

Substitute the value of t in the given expression

Then , total average credit card debt in a U.S household will be in the year 2004=[tex]418(9)+5530=[/tex]

Hence, in the year 2004, the total average credit card debt for  a U.S household will be $9292.