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Find the Exponential Function That Models the Data in the Table

question 118

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Find the exponential function that models the data in the table below. Round the coefficients to the nearest hundredth. x12345y4.04.86.27.89.9\begin{array}{c|c|c|c|c|c}\mathrm{x} & 1 & 2 & 3 & 4 & 5 \\\hline \mathrm{y} & 4.0 & 4.8 & 6.2 & 7.8 & 9.9\end{array}


Definitions:

Adjusting Entry

A journal entry made at the end of an accounting period to allocate revenue and expenses to the appropriate period, ensuring accurate financial reporting.

Long-Term Investment

Investments held for an extended period, typically exceeding one year, such as stocks, bonds, or real estate, aiming for prolonged growth.

Fair Value

A valuation of an asset or liability determined by the price it would fetch if sold, or the cost to transfer it, in a smooth transaction among participants in the market.

Adjusting Entry

A journal entry made at the end of an accounting period to allocate income and expenditures to the appropriate periods.

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