A minute ad during a campaign in 1973 cost $200,000. The price tag for a 30-second ad slot during a 2005 campaign was $3 million. The cost of a 30-second slot of advertising for a campaign can be modeled by y = 0.0000966(1.104), where x is the number of years after 1900 and y is the cost in millions. Complete (a) and (b) below. a. According to the model, what was the cost of a 30-second campaign ad in 2002? The cost of a 30-second campaign ad in 2002 was (Simplify your answer. Round to the nearest dollar as needed.)
A minute ad during a campaign in 1973 cost $200,000. The price tag for a 30-second ad slot during a 2005 campaign was $3 million. The cost of a 30-second slot of advertising for a campaign can be modeled by y = 0.0000966(1.104), where x is the number of years after 1900 and y is the cost in millions. Complete (a) and (b) below. a. According to the model, what was the cost of a 30-second campaign ad in 2002? The cost of a 30-second campaign ad in 2002 was (Simplify your answer. Round to the nearest dollar as needed.)
Chapter4: Linear Functions
Section4.1: Linear Functions
Problem 121SE: Suppose that average annual income (in dollars) forthe years 1990 through 1999 is given by the...
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A minute ad during a campaign in 1973 cost $200,000. The price tag for a 30-second ad slot during a 2005 campaign was $3 million. The cost of a 30-second slot of
advertising for a campaign can be modeled by y = 0.0000966(1.104), where x is the number of years after 1900 and y is the cost in millions.
Complete (a) and (b) below.
a. According to the model, what was the cost of a 30-second campaign ad in 2002?
The cost of a 30-second campaign ad in 2002 was $
(Simplify your answer. Round to the nearest dollar as needed.)
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