SOLUTION: Hello, I am to make a graph to depict the variables for the value of a house that is $10,000 now and rises $1500 every year. I am not sure how to do this, and how to show linear

Algebra ->  Inequalities -> SOLUTION: Hello, I am to make a graph to depict the variables for the value of a house that is $10,000 now and rises $1500 every year. I am not sure how to do this, and how to show linear      Log On


   

Question 98365: Hello, I am to make a graph to depict the variables for the value of a house that is $10,000 now and rises $1500 every year.
I am not sure how to do this, and how to show linear inequalities, I would appreciate some help if possible!
Answer by stanbon(75887) About Me  (Show Source):
You can put this solution on YOUR website!
make a graph to depict the variables for the value of a house that is $10,000 now and rises $1500 every year.
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Let "now" be represented by x=0
That gives you a point: (0,10000) which is the y-intercept.
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When x = 1 the value is 10000+1500 = 11500
That gives you a point: (1,11500)
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With two points you can find the slope:
m= (11500-10000)/1 = 1500
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You now have the slope and the y-intercept.
EQUATION:
value = 1500x + 10000
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graph%28400%2C300%2C-5%2C10%2C-5%2C30000%2C1500x%2B10000%29
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Cheers,
Stan H.