SOLUTION: The cash flow for the Timberland Co. was $1.21 in 1999 and $1.46 in 2007. (a) Determine a linear cost function C(t) that gives the cash flow per share as a function of the year. L

Question 1052572: The cash flow for the Timberland Co. was $1.21 in 1999 and $1.46 in 2007.
(a) Determine a linear cost function C(t) that gives the cash flow per share as a function of the year. Let t=9 represent 1999.
(b) Use your model from part (a) to predict cash flow in the year 2016.
Answer by josmiceli(19441) (Show Source): You can put this solution on YOUR website!
If is the year 1999, then
is 1990
You are given the points
( 9, 1.21 )
( 17, 1.46 )
--------------
Use the general point-slope formula

Multiply both sides by

-----------------------------
check the answer:
does the line go through ( 17, 1.46 )

( you can check the other point )
-----------------------------------
year = 2016

Cash flow is $1.74
--------------------------
check my math!
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