The line graph shows the cost of inflation. What cost $10,000 in 1984 would cost the amount
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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.
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.
Use model 1 to determine in which year the cost will be $26,229 for what cost $10,000 in 1984.
Transcribed Image Text:
Cost (thousands of dollars) 28 24 20 16 12 8 4 $13,100 The Cost of Inflation What cost you $10,000 in 1984 would cost you this much in subsequent years. 1990 1995 2000 2005 2010 Year $23,300 2013
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