The transaction volume V (in billions of dollars) of purchases made on debit cards in the United States can be approximated by the equation V = 133.4 x +316 , where x is the number of years since 2000. Approximately how much was the transaction volume in the year 2000?

The transaction volume V (in billions of dollars) of purchases made on debit cards in the United States can be approximated by the equation V = 133.4 x +316 , where x is the number of years since 2000.

Now, to find the transaction volume in the year 2000.

The number of years since 2000 = [tex]x.[/tex]

And the transaction volume [tex]V[/tex] (in billions of dollars) of purchases made on debit cards in the United States can be approximated by the equation:

[tex]V=133.4x+316[/tex]

As, [tex]x[/tex] is the number of years since 2000.

Thus, the value of [tex]x=0.[/tex]

Now, solving the equation by putting the value of [tex]x[/tex]:

[tex]V=133.4\times x+316\\\\V=133.4\times 0+316\\\\V=0+316\\\\V=316.[/tex]

Therefore, $316 billions was the transaction volume in the year 2000.

The transaction volume V​ (in billions of​ dollars) of purchases made on debit cards in the United States can be approximated by the equation V​ = 133.4 x ​+316 ​, where x is the number of years since 2000. Approximately how much was the transaction volume in the year​ 2000?

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The transaction volume V (in billions of dollars) of purchases made on debit cards in the United States can be approximated by the equation V = 133.4 x +316 , where x is the number of years since 2000. Approximately how much was the transaction volume in the year 2000?