Question: Modeling Consumer credit The data in the following table show the total consumer credit (in billions of dollars) that was outstanding in the United States for various years from 1980 to 2008.
(a) Find an exponential function that models these data. Use x = 0 in 1975.
(b) What does the model predict for the total consumer credit outstanding in 2015?
(c) In what year did the total consumer credit reach $5300 billion, according to the model?
