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The model y = 420x + 720 approximates the worldwide credit card fraud losses from 1989 and 1993, where x = 0 corresponds to 1989, x = 1 corresponds to 1990, and so on, and y is in millions of dollars. What would be the approximate amount of credit card losses in 1994? remember to include the word millions

Sagot :

Answer:

2820 millions

Step-by-step explanation:

1. First, we need to find the value of x by subtract 1989 from 1994.

  • [tex]1994-1989[/tex]
  • [tex]5[/tex]

2. Next, we plug in the variable of 5 and simplify.

  • [tex]y = 420(5) + 720[/tex]
  • [tex]y = 2100 + 720[/tex]
  • [tex]y = 2820[/tex]
  • 2820 millions

Therefore, the answer is 2820 millions.

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Answer:

x = 730

Step-by-step explanation:

Based on the given conditions, formulate: x = 720 + 2 x (1994 - 1989

Calculate: x = 730

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