The sales of a small company were $25,000 in its second year of operation and $55,000 in its fifth year. Let y represent sales in the xth year of operation. Assume that the data can be approximated by a straight line. a) Find the slope of the sales line, and give an equation for the line in the form y=mx+b. b) Use your answer from part (b) to find out how many years must pass before the sales surpass $120,000. (a) The slope is and the equation is y=x+ (Type integers or decimals) CITE
The sales of a small company were $25,000 in its second year of operation and $55,000 in its fifth year. Let y represent sales in the xth year of operation. Assume that the data can be approximated by a straight line. a) Find the slope of the sales line, and give an equation for the line in the form y=mx+b. b) Use your answer from part (b) to find out how many years must pass before the sales surpass $120,000. (a) The slope is and the equation is y=x+ (Type integers or decimals) CITE
College Algebra
7th Edition
ISBN:9781305115545
Author:James Stewart, Lothar Redlin, Saleem Watson
Publisher:James Stewart, Lothar Redlin, Saleem Watson
Chapter1: Equations And Graphs
Section: Chapter Questions
Problem 8T
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