A handbag company had 7% of the market in 2010; in 2014, it had 25%. (a) Write a linear equation expressing the percentage of the luxury handbag market y that the company had x years after 2000. (b) What was the percentage of the market that the company had in 2013. (c) If the trend continues, what will be the first full year in which the company had 20% of the market?

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
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Chapter4: Equations Of Linear Functions
Section4.3: Parallel And Perpendicular Lines
Problem 8CYU
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A handbag company had 7% of the market in 2010; in 2014, it had 25%.
(a) Write a linear equation expressing the percentage of the luxury handbag market y that the company had x years after 2000.
(b) What was the percentage of the market that the company had in 2013.
(c) If the trend continues, what will be the first full year in which the company had 20% of the market?
Transcribed Image Text:A handbag company had 7% of the market in 2010; in 2014, it had 25%. (a) Write a linear equation expressing the percentage of the luxury handbag market y that the company had x years after 2000. (b) What was the percentage of the market that the company had in 2013. (c) If the trend continues, what will be the first full year in which the company had 20% of the market?
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