3 years ago

The systematic repayment of a loan through a set number of payments at a

Mathematics

1 answer:

Romashka-Z-Leto [24]3 years ago

6 0

Answer:

Step-by-step explanation:

Amortization is the systematic repayment or writing off a loan through a number of payments at a specific interest rate.

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<h3>What will be the linear model for the given data?</h3>

Put the values of the x in the all given equations and then check the value of y if the value of y matches the given values in the option

So if we put the value x=1980 in the $Y=0.213x-352$ then

$Y=0.213(1980)-352$

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These values are closest to 70.1 whereas other options do not satisfy the condition.

Thus $Y=0.213x-352$ will represent this linear model shown in the data table.

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Step-by-step explanation:

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