SOLUTION: In a certain​ country, total alcoholic beverage sales are reported throughout the year. Sales were reported as ​$110.9 billion at the beginning of 2005 and ​$131.7 billion at
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Question 1137804: In a certain​ country, total alcoholic beverage sales are reported throughout the year. Sales were reported as ​$110.9 billion at the beginning of 2005 and ​$131.7 billion at the beginning of 2008.
​(a) Let the​ x-axis denote time and the​ y-axis denote the amount of alcohol sales​ (in billions). Let xequals0 correspond to 2005. Fill in the​ blanks: The given data is represented by the points ​(____,110.9​) and ​(3​,____).
​(b) Find the linear equation determined by the two points in part​ (a).
​(c) Use the equation in part​ (b) to estimate the alcohol sales produced in 2007.
​(d) If the model remains​ accurate, in what year will reported alcohol sales reach ​$150 ​billion?
Answer by josgarithmetic(39620) (Show Source): You can put this solution on YOUR website!
Points (x,y) are (0, 110.9) and (3, 131.7).
Simplify, and continue from there.
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