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The total amount of consumer credit has been increasing steadily in recent years. The following table gives the total outstanding consumer credit (in billions of

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The total amount of consumer credit has been increasing steadily in recent years. The following table gives the total outstanding consumer credit (in billions of dollar Answer parts (a) through (e) below Consumer Consumer Year Year Credit Credit 2004 22105 2009 25535 2005 2350.8 2010 2643.1 2006 2465.0 27590 2007 2540/9 2012 29263 2008 25921 2013 30972 2011 a Find an equation for the least squares line, letting x equal the number of years since 2000 The equation in Y=x+ Use integer or decimals for any numbers in the equation Round to two decimal places as needed) Based on the answer to part() at approximately whatrate is consumer Credit growing per year The comumer credit is growing about 5 trillion per year, * Vi op

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