The line graph shows the cost of inflation. What cost $10,000 in 1984 would cost the amount

Question:

The line graph shows the cost of inflation. What cost $10,000 in 1984 would cost the amount shown by the graph in subsequent years.image


Here are two mathematical models for the data shown by the graph. In each formula, C represents the cost x years after 1990 of what cost $10,000 in 1984.



a. Use the graph to estimate the cost in 2010, to the nearest thousand dollars, of what cost $10,000 in 1984.


b. Use model 1 to determine the cost in 2010. How well does this describe your estimate from part (a)?imagec. Use model 2 to determine the cost in 2010. How well does this describe your estimate from part (a)?image

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

College Algebra

ISBN: 9780134453262

7th Edition

Authors: Robert F Blitzer

Question Posted: