Yearly car insurance rates have been increasing steadily in the United States during the last few years.
Question:
Yearly car insurance rates have been increasing steadily in the United States during the last few years. The rate y (in dollars) for a small car x years after 2014 can be modeled by y = 47x + 869.
(a) Draw the graph of this linear equation.
(b) What interpretation can be given to the y-intercept of this graph?
(c) What was the yearly rate in 2017?
(d) If this trend continues, when will the yearly rate be $1480?
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Related Book For
Finite Mathematics And Its Applications
ISBN: 9780137616619
13th Edition
Authors: Larry J. Goldstein, David I. Schneider, Martha J. Siegel , Jill Simmons
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