document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=1155613>Question 1155613</A>: <I><SPAN STYLE=\"word-break: break-all;\"> The median listing price of a home in Hollywood in 2010 was $348 thousand. In 2018 the<BR>\n" );
document.write( "median listing price is $625 thousand. Using the information given answer the following questions since<BR>\n" );
document.write( "2010.\r<BR>\n" );
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document.write( "a. Find the linear equation of the median listing price of a home in Hollywood  since 2010. State the<BR>\n" );
document.write( "equation in slope-intercept form and use exact values.\r<BR>\n" );
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document.write( "b. Using the linear equation found in (a) if the trend continues what will the median listing price of a<BR>\n" );
document.write( "home in Hollywood be in 2030? State your solution in a complete sentence and round your solution to<BR>\n" );
document.write( "the first decimal place.\r<BR>\n" );
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document.write( "c. In what year will the median listing price of a home in Hollywood be $902 thousand? State your<BR>\n" );
document.write( "solution in a complete sentence and round to the nearest year. </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #778616 by </B><A HREF=/tutors/aboutme.mpl?userid=Boreal><B>Boreal(15235)</B></A><img src=\"/images/stars/stars-13.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=Boreal><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=Boreal><BR>You can <A HREF=\"/cgi-bin/embed-solution.mpl?show=1&solution=778616\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> let 2010 be x=0<BR>\n" );
document.write( "so we have (0, 348)<BR>\n" );
document.write( "and we have (8, 625)<BR>\n" );
document.write( "the slope is 277/8 or 34.625<BR>\n" );
document.write( "the point slope formula is y-y1=m(x-x1), m slope (x1, y1) point<BR>\n" );
document.write( "y-348=34.625*x<BR>\n" );
document.write( "y==34.625x+348<BR>\n" );
document.write( "in 2030, x=20<BR>\n" );
document.write( "y=34.625(20)+348<BR>\n" );
document.write( "=$1,040,500\r<BR>\n" );
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document.write( "902=34.625x+348<BR>\n" );
document.write( "554=34.625x<BR>\n" );
document.write( "x=16 years after 2010<BR>\n" );
document.write( "2026 is the answer. </SPAN>\n" );
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