The minimum salary for a hockey player in the National Hockey League was $500 thousand in 2010, and it increased by about $12.5 thousand per year unt 2016. Let be the minimum salary (in thousands of dollars) at t years since 2010. a. Find an equation of a model to describe the situation. b. Estimate the minimum salary in 2016. C. Estimate when the minimum salary was $530 thousand. a. Find an equation of a linear model to describe the situation. (Use integers or decimals for any numbers in the equaton)

College Algebra
10th Edition
ISBN:9781337282291
Author:Ron Larson
Publisher:Ron Larson
Chapter1: Equations, Inequalities, And Mathematical Modeling
Section1.2: Linear Equations In One Variable
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The minimum salary for a hockey player in the National Hockey League was $500 thousand in 2010, and it increased by about $125 thousand per year until 2016. Let
s be the minimum salary (in thousands of dollars) at t years since 2010.
a. Find an equation of a model to describe the situation.
b. Estimute the minimum salary in 2016.
c. Estimate when the minimum salary was $530 thousand.
a. Find an equation of a linear model to describe the situation.
(Use integers or decimals for any numbers in the equation.)
Transcribed Image Text:The minimum salary for a hockey player in the National Hockey League was $500 thousand in 2010, and it increased by about $125 thousand per year until 2016. Let s be the minimum salary (in thousands of dollars) at t years since 2010. a. Find an equation of a model to describe the situation. b. Estimute the minimum salary in 2016. c. Estimate when the minimum salary was $530 thousand. a. Find an equation of a linear model to describe the situation. (Use integers or decimals for any numbers in the equation.)
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