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  3. the following data represent the amount of money a

The following data represent the amount of money and invenstor has in an investment account each...

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Advance Math

The following data represent the amount of money and invenstorhas in an investment account each year for 10 years.

a. Let x=number of years since 1994 and find an exponentialregression model of the form y=ab* for this data set, where y isthe amount in the account x years since 1994.

_________________________

b. If the investor plans on retiring in 2021, what will be thepredicted value of this accoutn at that time?

________________________________

c. When will the account be worth $50,000?

d. Make a graph of the scatterplot and exponential modelbelow.

Year value of account

1994 $10,000

1995 $10,573

1996 $ 11,260

1997 $11,733

1998 $12,424

1999 $13,269

2000 $13,698

2001 $14,823

2002 $15,297

2003 $16,539

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