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Mathematics, 26.03.2020 20:09 Tyrant4life

The cost of buying a small piece of land in a remote village since the year 199019901990 is represented by the following table:
Time (years) Cost (thousands of dollars)
0 30
2 36.9
4 44.1
6 51.1
8 57.9
10 65.1
Which model for C(t), the cost of the piece of land t years since 1990, best fits the data?
Choose 1

A
C(t)=30+3.5t

(Choice B)
B
C(t)=30+7t

(Choice C)
C
C(t)=30*(1.12)^t

(Choice D)
D
C(t)=30*(1.23)^t

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Answers: 2

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