Micah took out a student loan for $20,000, which began accruing interest immediately. He has chosen not to begin payment of the loan until he finishes his schooling. The table shows the balance of the loan while Micah is in school. Months Loan Balance 6 $20,608 12 $21,234 18 $21,879 24 $22,543 30 $23,228 36 $23,934 Assuming that the relationship is exponential, which is the best estimate of the loan balance after 4 years? A. $20,403 B. $24,890 C. $25,168 D. $25,410 R

answer: okw

step-by-step explanation:

the solution of the equation is 2.23 ⇒ answer b

step-by-step explanation:

* lets revise the meaning of exponential function

- the form of the exponential function is y = ab^x, where a ≠ 0, b > 0 ,  

  b ≠ 1, and x is any real number

- it has a constant base b

- it has a variable exponent x

- to solve an exponential equation, take the log or ln of both sides,  

  and solve for the variable

* lets solve the problem

∵

- the base is 7 and the exponent is x

- insert ㏑ in both sides

∴

- use the rule

∴ x ㏑(7) = ㏑(77)

- to find x divide both sides by ㏑(7)

∴

* the solution of the equation is 2.23 to the nearest 2 decimal places

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step-by-step explanation:

h56

j

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j

gh

hnh

vnf

2 over 5 and 4 over 15

don’t know last one sorry

step-by-step explanation: