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 represents 2016)

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 represents 2016)

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018

18th Edition

ISBN:9780079039897

Author:Carter

Publisher:Carter

Chapter4: Equations Of Linear Functions

Section: Chapter Questions

Problem 18SGR

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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
$240
$8.50 increase per year
V(t) =

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