***FIFTEEN POINTS***Consider any conic section and discuss an application of the conic that you find most interesting. Include an example of a mathematical equation that models the application. Also, describe why you think this application is relevant and beneficial to society. (Note: To share your equation in the discussion forum, you might need to write your equation as if you were entering it into a graphing calculator.)

The federal reserve controls certain interest rates in the united states. investors often try to speculate as to whether the federal reserve will raise or lower rates and by how much. suppose a company conducts extensive interviews with financial analysts, and as a result, predicts that "thefed" will increase rates by an average of 0.25 percentage points every six months for the forseeable future. which type of equation could be used to model the predicted interest rates over the next several years, assuming no other significant changes? a) a linear equation b) a quadratic equation c) a polynomial equation d) an exponential equation