The file P14_07.xlsx contains monthly values of the U.S. national debt (in dollars) from 1993 to early
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The file P14_07.xlsx contains monthly values of the U.S. national debt (in dollars) from 1993 to early 2010. Fit an exponential growth curve to these data. Write a short report to summarize your findings. If the U.S. national debt continues to rise at the exponential rate you find, approximately what will its value be at the end of 2020?
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Month National Debt Time Jan1993 4175691597772 1 Feb1993 4183812602207 2 Mar1993 4214584952234 3 Apr1993 4241235792785 4 May1993 4266103570902 5 Jun1993 4303878382311 6 Jul1993 4339962515514 7 Aug1993 ...View the full answer
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