The cost of buying a small piece of land in a remote village since the year 1990 is represented by the following table: Time (years) Cost (thousands of dollars) 0. 30 36.9 44.1 51.1 57.9 65.1 21 4 6 8 10

which modle for C(t), the cost of the piece of land t years since 1990, best fits the data?

C(t) = 30 × (1.23)^t
C(t) = 30 + 7t
C(t) = 30 + 3.5t
C(t) = 30 × (1.12)^t

Question

01-05-2022
Mathematics

Answered

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The cost of buying a small piece of land in a remote village since the year 1990 is represented by the following table: Time (years) Cost (thousands of dollars) 0. 30 36.9 44.1 51.1 57.9 65.1 21 4 6 8 10

which modle for C(t), the cost of the piece of land t years since 1990, best fits the data?

C(t) = 30 × (1.23)^t
C(t) = 30 + 7t
C(t) = 30 + 3.5t
C(t) = 30 × (1.12)^t

Sagot :

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