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Author Question: A survey of the interest rates earned by Certificates of Deposit (CDs) showed the ... (Read 310 times)

fbq8i

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on: Feb 28, 2021
Solve the problem.

A survey of the interest rates earned by Certificates of Deposit (CDs) showed the following percents for the length of time (in years) for holding the CD. Let length of time represent the independent variable and interest rate represent the dependent variable. Use a graphing utility to draw a scatter diagram and to find the line of best fit. What is the estimate of the interest rate for a CD held for 30 years (to the nearest thousandth)?


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Precalculus ¦ Sullivan ¦ 10th Edition
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Marked as best answer by fbq8i on Feb 28, 2021

catron30

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Reply #1 on: Feb 28, 2021
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fbq8i

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Reply 2 on: Feb 28, 2021
YES! Correct, THANKS for helping me on my review

matt95

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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