Cell Phones
the Number of Peak Cell-Phones Minutes Used Each

question 61

Essay

Cell Phones
The number of peak cell-phones minutes used each month by a particular person is shown in the table below:
$$\begin{array} { | c | c | } \hline \text { Manth } & \text { Minutas } \\\hline 1 & 74 \\\hline 2 & 86 \\\hline 3 & 70 \\\hline 4 & 96 \\\hline 5 & 111 \\\hline 6 & 102 \\\hline 7 & 115 \\\hline \mathbf { 8 } & 126 \\\hline\end{array}$$
-What is the linear trend equation?

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Definitions:

Positive Covenant

Positive covenant refers to stipulations in financial contracts that require the borrower to perform specific actions, such as maintaining certain financial ratios or insurance levels.

Loan Agreement

A legal contract between a borrower and a lender that outlines the terms and conditions of a loan, including repayment schedule, interest rates, and collateral.

Factoring

A financial transaction where a business sells its accounts receivable to a third party at a discount to raise immediate capital.

Financing

The act of providing funds for business activities, making purchases, or investing, often involving loans, equity investments, or other forms of financial support.