SOLUTION: In 1980 the average price of a home in Brainerd County was $95,000. By 1987 the average price of a home was $123,000. Which of the following is a linear model for the price of a ho

Algebra.Com
Question 745328: In 1980 the average price of a home in Brainerd County was $95,000. By 1987 the average price of a home was $123,000. Which of the following is a linear model for the price of a home, P in brainerd County in terms of a year, t? let t=0 correspond to 1980.
Answers:
A) P=123,000-4000t B) P=4000t+95,000
C) P= 123,000- 28,000t D) P= 28,000t + 95,000

Answer by josmiceli(19441)   (Show Source): You can put this solution on YOUR website!
Use the point slope formula:
is plotted on the vertical axis
is plotted on the horizontal axis





The answer is B)

RELATED QUESTIONS

In 1980 the average price of a home in Brainerd County was $90,000. By 1987 the average... (answered by josmiceli)
In 1980, the average price of a home in Lake County was $94,000. By 1987, the average... (answered by Theo)
In 1980 the average price of a home in Brainerd County was $100,000. By 1986 the average... (answered by m.hansen)
In 1980, the average price of a home in lake county was $92,000. By 1987,the average... (answered by josmiceli)
multiple choice question: Any help is apprectiated thanks. In 1980, the average price (answered by scott8148)
in 1983 the average price of a home was 50000 by 2008 the average price of a home 200000... (answered by TimothyLamb)
in 2006 the average price of a home began to fall in most real estate markets across the... (answered by ewatrrr)
In the first quarter of 2019, the average home loan for first time buyers was R950, 000.... (answered by Boreal)
In 2011​, the average price of a new home sold in a country was ​$286,800. In​... (answered by solver91311)