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The table shows the total assets (in trillions) held in a foreign bank for the given years. Complete parts (a) through (c) below. K Year
The table shows the total assets (in trillions) held in a foreign bank for the given years. Complete parts (a) through (c) below. K Year 2000 2005 2007 2009 | 2011 2013 | 2015 Assets 19 40 53 80 119 151 200 (a) Find an exponential model of the form f(t) = yob' for these data, where t=0 corresponds to the year 2000. If you do not have suitable technology, use the first and last data points to find a function. If you have a graphing calculator or other suitable technology, use exponential regression to find a function. The exponential model for the data is f(t) =]([D)* (Round to three decimal places as needed.) (b) Assume that the model remains accurate, and predict the total assets in 2018 and 2021 The total assets in 2018 will be trillion. (Round to one decimal place as needed.) The total assets in 2021 will be |trillion. (Round to one decimal place as needed.) (c) Use a graphing calculator (or trial and error) to determine the first full year in which the total assets exceed 450 trillion. The first full year in which the total assets exceed 450 trillion is Next
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