You are given the dollar value of a product in 2016 and the rate at which the value of the product is expected to change during the next 5 years. Use this information to write a linear equation that gives the dollar value V of the product in terms of the year t. (Let t = 16 represent 2016.) 2016 Value Rate $200 $8.50 increase per year

Trigonometry (MindTap Course List)
10th Edition
ISBN:9781337278461
Author:Ron Larson
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ChapterP: Prerequisites
SectionP.4: Linear Equations In Two Variables
Problem 91E
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You are given the dollar value of a product in 2016 and the rate at which the value of the product is expected to change during the next 5 years. Use this information to write a linear equation that gives the dollar value V of the product in terms of the year t. (Let t = 16 represent 2016.)

2016 Value      Rate
$200      $8.50 increase per year
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