Question

Smallville’s town council has records of the town’s budget over a 10-year period. Create a best fit and model for the data. What does the model predict the town’s budget will be in the year 2011?

Answer 1

I found the missing image and choices.
If these were the missing choices:

A)$391,000

B)$417,000

C)$404,000

D)$411,000

My answer is D) $411,000 in 2011.

There is an average increase of 4% from the previous budget to arrive at the amount of the current year. 

2009 budget $381,700

381,700 * (1.04)² = 381,700 * 1.0816 = 412,846.72  only Choice D. is nearest to the amount

2000 budget $265,100

265,100 * (1.04)¹¹ = 265,100 * 1.540 = 408,254 only Choice D. is nearest to the amount.