In 2005, it took 18.37 currency units to equal the value of 1 currency unit in 1914. In 1990, it took only 13.20 currency units to equal the value of 1 currency unit in 1914. The amount it takes to equal the value of 1 currency unit in 1914 can be estimated by the linear function V given by V(x) = 0.3566x + 13.7221, where x is the number of years since 1990. Thus, V(11) gives the amount it took in 2001 to equal the value of 1 currency unit in 1914. Complete parts (a) and (b) below. a) Use this function to predict the amount it will take in 2008 and in 2016 to equal the value of 1 currency unit in 1914.
In 2005, it took 18.37 currency units to equal the value of 1 currency unit in 1914. In 1990, it took only 13.20 currency units to equal the value of 1 currency unit in 1914. The amount it takes to equal the value of 1 currency unit in 1914 can be estimated by the linear function V given by V(x) = 0.3566x + 13.7221, where x is the number of years since 1990. Thus, V(11) gives the amount it took in 2001 to equal the value of 1 currency unit in 1914. Complete parts (a) and (b) below. a) Use this function to predict the amount it will take in 2008 and in 2016 to equal the value of 1 currency unit in 1914.
Algebra for College Students
10th Edition
ISBN:9781285195780
Author:Jerome E. Kaufmann, Karen L. Schwitters
Publisher:Jerome E. Kaufmann, Karen L. Schwitters
Chapter8: Functions
Section8.CT: Test
Problem 19CT
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