SOLUTION: Use the equation y=10.7x+133.6 to find the expected median sale price of a single-family home in the year 2007 (12 years after 1995) where x is the number of years since 1995 and y

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Question 761838: Use the equation y=10.7x+133.6 to find the expected median sale price of a single-family home in the year 2007 (12 years after 1995) where x is the number of years since 1995 and y is the median sale price of a single-family in thousands of dollars.
The expected median sale price of a single-family home in the year 2007 is $_____
Answer by ramkikk66(644) About Me  (Show Source):
You can put this solution on YOUR website!
y+=+10.7%2Ax+%2B+133.6
x is the number of years since 1995
y is the median sale price
So to find the price in 2007, x = 2007 - 1995 = 12
Just substitute for x as 12 in the first equation, and find out what y (which is the median sale price) is.
10.7%2A12+%2B+133.6+=+highlight%28262%29
:)