SOLUTION: Hello, I am to make a graph to depict the variables for the value of a house that is $10,000 now and rises $1500 every year. I am not sure how to do this, and how to show linear

Question 98365: Hello, I am to make a graph to depict the variables for the value of a house that is $10,000 now and rises $1500 every year.
I am not sure how to do this, and how to show linear inequalities, I would appreciate some help if possible!
Answer by stanbon(75887) (Show Source): You can put this solution on YOUR website!
make a graph to depict the variables for the value of a house that is $10,000 now and rises $1500 every year.
------------------
Let "now" be represented by x=0
That gives you a point: (0,10000) which is the y-intercept.
---------------
When x = 1 the value is 10000+1500 = 11500
That gives you a point: (1,11500)
---------------
With two points you can find the slope:
m= (11500-10000)/1 = 1500
-----------------------------
You now have the slope and the y-intercept.
EQUATION:
value = 1500x + 10000
===============

===============
Cheers,
Stan H.
RELATED QUESTIONS
Hello, I am to make a graph to depict the variables for the value of a house that is... (answered by stanbon)

Hello, I am having problems trying to convert a real-life situation and create an... (answered by stanbon)

how can I graph this equation where I am using the distance formula d=vt 50mi=x(1/2) (answered by Earlsdon)

Fruit-for-Africa (Pty) Ltd produces two gift packages of fruits. Package A contains 20... (answered by Theo)

I need to take a real-life situation and create an equation or inequality that could be... (answered by stanbon,MathLover1)

I need to create a linear equation or inequality that could be used for analysis,... (answered by tutorcecilia)

Grade of a path. What is the approximate grade (expressed in a percentage) of a path that (answered by richard1234)

1. Wen Seng operates an ice cream shop. He is trying to decide whether to expand his... (answered by ikleyn)

The value of a house is expected to grow at a rate of 2,500 every three years. Its... (answered by josgarithmetic,mathsolverplus)