document.write( "Question 162628: Assume that the sales of a certain automobile parts company are approximated by a linear function. Supppose the sales were $200,000 in 1994 and $1,000,000 in 2001.
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document.write( "A. Find an equation giving the companys yearly sales
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document.write( "B. Find the sales in 1996
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document.write( "C. Estimate the sales in 2007 \n" );
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Algebra.Com's Answer #119844 by stanbon(75887)![]() ![]() ![]() You can put this solution on YOUR website! Assume that the sales of a certain automobile parts company are approximated by a linear function. Supppose the sales were $200,000 in 1994 and $1,000,000 in 2001. \n" ); document.write( "-------------- \n" ); document.write( "You have two points: \n" ); document.write( "(0,200,000) and (7,1000000) \n" ); document.write( "---------- \n" ); document.write( "slope = [1000000-200000]/[7-0] = 800,000/7 = 114285.71 \n" ); document.write( "intercept: 200,000 \n" ); document.write( "----------- \n" ); document.write( "EQUATION: \n" ); document.write( "Sales(x) = 114,285.71x + 200,000 where x is the number of years after 1994 \n" ); document.write( "--------------------\r \n" ); document.write( "\n" ); document.write( "A. Find an equation giving the companys yearly sales \n" ); document.write( "B. Find the sales in 1996 \n" ); document.write( "S(2) = 114,285.71*2 + 200,000 = 428571.42 \n" ); document.write( "------------------------------------------------ \n" ); document.write( "C. Estimate the sales in 2007 \n" ); document.write( "S(13) = 114285.71*13 + 200,000 = $1,685,714.23 \n" ); document.write( "--------------------------------------- \n" ); document.write( "Cheers, \n" ); document.write( "Stan H. \n" ); document.write( " \n" ); document.write( " |