IMathAS-libretexts

Credit Card Debt - Application
The formula A(t)= $\displaystyle {394}{t}+{5240}$ can be used to approximate the total average credit card debt in a U.S. household (in dollars) $\displaystyle {t}$ years after 1995. Use this formula to predict what the total average credit card debt will be in the year 2023. In the year 2023, the total average credit card debt for a U.S. household will be $.