Problem

Credit Card Debt The total amount of credit card debt t years since 2010 can be expr...

Credit Card Debt The total amount of credit card debt t years since 2010 can be expressed as D(t) billion dollars. The number of credit card holders is N(t) million cardholders, t years since 2010 (with some people having more than one credit card).

a. Write an expression for the average credit card debt per cardholder.

b. Write a model statement for the expression in part a.

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