Question
In exercise 100, you are given the dollar value of a product in 2005 and the rate at which the value of the product is expected to change during the next 5 years. Use this Info. to write a linear equation that gives the dollar value V of the product in terms of the year t. (Let t=5 represent 2005.)
100.) 2005 value = $156
100.) 2005 value = $156
Answers
Emma
Rate: $4.50 increase per year
Damon
V = 4.50 (t-5) + Vi
where Vi is the initial 2005 value
where Vi is the initial 2005 value