document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=727022>Question 727022</A>: <I><SPAN STYLE=\"word-break: break-all;\"> In 1980, the average price of a home in lake county was $92,000. By 1987,the average price of a home was $127,000. Which of the following is a linear model for the price p of a home in lake county, in terms of the year t? Let t=0 correspond to 1980.  A) P=5000t+92,000. B) P=127,000-35,000t  C) P=32,000t+92,000. D)P=127,000-5000t </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #444949 by </B><A HREF=/tutors/aboutme.mpl?userid=josmiceli><B>josmiceli(19441)</B></A><img src=\"/images/stars/stars-13.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=josmiceli><IMG SRC=http://www.algebra.com/images/aboutme-small.gif BORDER=0 alt=\"About Me\" VALIGN=MIDDLE></A>&nbsp;<IMG SRC=http://www.algebra.com/cgi-bin/show-face.mpl?user=josmiceli><BR>You can <A HREF=\"/cgi-bin/embed-solution.mpl?show=1&solution=444949\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> <IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=+t+ ALIGN=MIDDLE  ALT=\"+t+\"   DISABLED_style= \"max-width:90%; height:auto;\" > is plotted on the horizontal axis<BR>\n" );
document.write( "{{ P }}} is plotted on the vertical axis<BR>\n" );
document.write( "You are given 2 points<BR>\n" );
document.write( "( 0, 92000 ) and ( 7, 127000 )<BR>\n" );
document.write( "Use the point-slope formula<BR>\n" );
document.write( "<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=+%28+P+-+92000+%29+%2F+%28+t+-+0+%29+=+%28+127000+-+92000+%29+%2F+%28+7+-+0+%29+ ALIGN=MIDDLE  ALT=\"+%28+P+-+92000+%29+%2F+%28+t+-+0+%29+=+%28+127000+-+92000+%29+%2F+%28+7+-+0+%29+\"   DISABLED_style= \"max-width:90%; height:auto;\" ><BR>\n" );
document.write( "<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=+%28+P+-+92000+%29+%2F+t+=+35000+%2F+7+ ALIGN=MIDDLE  ALT=\"+%28+P+-+92000+%29+%2F+t+=+35000+%2F+7+\"   DISABLED_style= \"max-width:90%; height:auto;\" ><BR>\n" );
document.write( "<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=+P+-+92000+=+5000t+ ALIGN=MIDDLE  ALT=\"+P+-+92000+=+5000t+\"   DISABLED_style= \"max-width:90%; height:auto;\" ><BR>\n" );
document.write( "<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=+P+=+5000t+%2B+92000+ ALIGN=MIDDLE  ALT=\"+P+=+5000t+%2B+92000+\"   DISABLED_style= \"max-width:90%; height:auto;\" ><BR>\n" );
document.write( "(A) is the answer<BR>\n" );
document.write( "check:<BR>\n" );
document.write( "Let <IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=+t+=+7+ ALIGN=MIDDLE  ALT=\"+t+=+7+\"   DISABLED_style= \"max-width:90%; height:auto;\" ><BR>\n" );
document.write( "<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=+P+=+5000%2A7+%2B+92000+ ALIGN=MIDDLE  ALT=\"+P+=+5000%2A7+%2B+92000+\"   DISABLED_style= \"max-width:90%; height:auto;\" ><BR>\n" );
document.write( "<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=+P+=+35000+%2B+92000+ ALIGN=MIDDLE  ALT=\"+P+=+35000+%2B+92000+\"   DISABLED_style= \"max-width:90%; height:auto;\" ><BR>\n" );
document.write( "<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=+P+=+127000+ ALIGN=MIDDLE  ALT=\"+P+=+127000+\"   DISABLED_style= \"max-width:90%; height:auto;\" ><BR>\n" );
document.write( "OK<BR>\n" );
document.write( " </SPAN>\n" );
document.write( "</TD></TR></TABLE>\n" );