document.write( "Question 960841: An ice cream store made a profit of $35700 in 1990 and a profit of $85360 in 2008. Write an equation that can be used to predict the profit, y, in terms of the year, x. Let x=0 represent the year 1990.
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document.write( "• Predict the profit for the year 2011.
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document.write( "• What does the y-intercept represent in the context of this problem? \n" );
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Algebra.Com's Answer #587214 by stanbon(75887)![]() ![]() ![]() You can put this solution on YOUR website! An ice cream store made a profit of $35700 in 1990 and a profit of $85360 in 2008. Write an equation that can be used to predict the profit, y, in terms of the year, x. Let x=0 represent the year 1990. \n" ); document.write( "---- \n" ); document.write( "You have 2 points relating profit to year:: (8,85360) and (0,35700) \n" ); document.write( "---- \n" ); document.write( "Equation: \n" ); document.write( "P(x) = (85360/35700)t + 35700 \n" ); document.write( "------------- \n" ); document.write( " • Predict the profit for the year 2011. \n" ); document.write( "P(11) = (85360/35700)(11)+35700 = $35726.30 \n" ); document.write( "------------------------------- \n" ); document.write( " • What does the y-intercept represent in the context of this problem? \n" ); document.write( "P(0) = 35700 is the profit in year 1990 \n" ); document.write( "--------------- \n" ); document.write( "Cheers, \n" ); document.write( "Stan H. \n" ); document.write( " \n" ); document.write( " |