Bankruptcy Filings Total Chapter 12 bankruptcy filings between 1996 and 2000 can be...

Bankruptcy Filings Total Chapter 12 bankruptcy filings between 1996 and 2000 can be modeled as

where t is the number of years since 1996. (Source: Based on data from Administrative Office of U.S. Courts)

a. Give the rate of change of B. Include units.

b. Draw a graph of the model. Label the graph with its slope.

c. Evaluate B(0). Give a sentence of practical interpretation for the result.

d. Calculate the number of bankruptcy filings in 1999. Is this interpolation or extrapolation? Explain.