Question 613864: How to solve:
In 2000 the cost of a compact car averaged $12,500. In 2003, the cost of a compact car averaged $14,450. Assume that the relationship between time and cost is linear.
a) Develop a formula for predicting the average cost of a compact car in the future, in the for of C(x)= mx + b, where x represent the number of years after 2000. Answer by josmiceli(9691) (Show Source):