The median price of a home in a certain county at the beginning of 1980 was $210,000. At the beginning o 1998 the median price of a home in that county rose to $660,000. Assuming a linear relationship find a linear function M that represents the median price of a home in the county x years since the beginning o 1980. (a) M(z) = %3D (b) What was the median home price at the beginning of 1995? (c) In what year will the median price of a home in the county be $1,167,500?

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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The median price of a home in a certain county at the beginning of 1980 was $210,000. At the beginning of
1998 the median price of a home in that county rose to $660,000. Assuming a linear relationship find a
linear function M that represents the median price of a home in the county x years since the beginning of
1980.
(a) M(z) =
(b) What was the median home price at the beginning of 1995?
(c) In what year will the median price of a home in the county be $1,167,500?
Transcribed Image Text:The median price of a home in a certain county at the beginning of 1980 was $210,000. At the beginning of 1998 the median price of a home in that county rose to $660,000. Assuming a linear relationship find a linear function M that represents the median price of a home in the county x years since the beginning of 1980. (a) M(z) = (b) What was the median home price at the beginning of 1995? (c) In what year will the median price of a home in the county be $1,167,500?
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