Find the derivative of this equation-mortgage debt

Reference no: EM13337857

The tal amounts of outstanding mortgage debt in the UnitedStates for selected years between 1980 and 2000 are shown in theaccompanying table.

year: 1980 1985 1990 1992 1994 1996 1998 2000

Outstanding Debt: 1465 2378 3808 4073 4380 4865 5698 6890

A) Find a model for this data. Explain your choice ofequations

B) Find the derivative of this equation in 1998. Interpretanswer

C) Does this model predict the financial quagmire we have intodays financial markets? Why or why not??

Reference no: EM13337857

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