Yearly car insurance rates have been increasing steadily in the United States during the last few years.

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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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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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