The line graph shows the cost of inflation. What cost $10,000 in 1967 would cost the amount shown by the graph in subsequent years. (The symbol on the horizontal axis shows that there is a break in values between 0 and 80. Thus, the first tick mark on the horizontal axis represents 1980.)
Here are two mathematical models for the data shown by the graph. In each formula, C represents the cost x years after 1980 of what cost $10,000 in 1967.
Use these models to solve Exercises 99-102.
Use model 1 to determine in which year the cost will be $80,483 for what cost $10,000 in 1967.
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College Algebra (Looseleaf) - With Access
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