Let's evaluate each statement in relation to the given linear equation \( y = 0.03x + 0.55 \).
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y = 0.03x + 0.55 represents the linear equation:
- True. This is indeed a linear equation in slope-intercept form.
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The cost of a loaf of bread in 1990 was $0.70:
- To determine if this is true, we need to find the value of \( x \) that corresponds to the year 1990. If we assume \( x = 0 \) is 1980, then \( x = 10 \) would be 1990. Plugging \( x = 10 \) into the equation: \[ y = 0.03(10) + 0.55 = 0.3 + 0.55 = 0.85 \]
- This is not $0.70, so this statement is False.
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(27, 1.48) is a solution to the linear equation:
- Substitute \( x = 27 \) into the equation: \[ y = 0.03(27) + 0.55 = 0.81 + 0.55 = 1.36 \]
- Since \( 1.36 \neq 1.48 \), this statement is False.
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The cost of a loaf of bread in 2015 was $1.50:
- For 2015, \( x = 35 \) (assuming \( x = 0 \) is 1980): \[ y = 0.03(35) + 0.55 = 1.05 + 0.55 = 1.60 \]
- This is not $1.50, thus the statement is False.
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(5, 0.7) is a solution to the linear equation:
- Substitute \( x = 5 \) into the equation: \[ y = 0.03(5) + 0.55 = 0.15 + 0.55 = 0.70 \]
- Since \( (5, 0.7) \) satisfies the equation, this statement is True.
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A loaf of bread cost $0.55 in 1985:
- For 1985, \( x = 5 \): \[ y = 0.03(5) + 0.55 = 0.15 + 0.55 = 0.70 \]
- This does not support the claim that it was $0.55. So this statement is False.
Summary of True Statements:
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True:
- y = 0.03x + 0.55 represents the linear equation
- (5, 0.7) is a solution to the linear equation
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False:
- The cost of a loaf of bread in 1990 was $0.70
- (27, 1.48) is a solution to the linear equation
- The cost of a loaf of bread in 2015 was $1.50
- A loaf of bread cost $0.55 in 1985.
Thus, the true statements are:
- y = 0.03x + 0.55 represents the linear equation.
- (5, 0.7) is a solution to the linear equation.