SOLUTION: In 1980 the average price of a home in Brainerd County was $90,000. By 1987 the average price of a home was $125,000. Write a linear model for the price of a home, P, in Brainerd C
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Question 934299: In 1980 the average price of a home in Brainerd County was $90,000. By 1987 the average price of a home was $125,000. Write a linear model for the price of a home, P, in Brainerd County as a function of the year, t. Let t = 0 correspond to 1980.
Answer by josmiceli(19441) (Show Source): You can put this solution on YOUR website!
Plot ( t,P )
Use the general point-slope formula
with in thousands of dollars
Multiply both sides by
-----------------
check:
does it go through ( 0,90 ) ?
OK
dos it go through ( 7,125 ) ?
OK
----------------
Heres the plot:
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