Brewer Barber
12/10/2023 · Senior High School

The following expression gives an approximate value of the total average credit card debt in a U.S. household (in dollars) \( t \) years after 1995 . \( 400 t+5540 \) Use this expression to predict what the total average credit card debt was or will be in the year 2003 . Answer: In the year 2003, the total average credit card debt for a U.S. household will be (or was) dollars. Hint: The key here is to keep in mind that \( t \) is yetrs since 1995, not the actual year Submit Question

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In 2003, the total average credit card debt for a U.S. household was $8,740.

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