Question: The following situation can be modeled by a linear function. Write an equation for the linear function and use it to answer the given question.

The following situation can be modeled by a linear function. Write an equation for the linear function and use it to answer the given question. The price of a particular model car is $12,000 today and rises with time at a constant rate of $820 per year. How much will a new car cost in 3.7 years?

The equation used to model this situation is ____, where p is the price of a car in dollars and t is time in years.

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock blur-text-image

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related Mathematics Questions!

Find the approximate x-intercept and the approximate y-intercept of the equation below. 7.6x+1.3y = 8.7 The x-intercept of the graph of the given equation is . (Type an ordered pair. Type integers or...

Part 1 The following situation can be modeled by a linear function. Write an equation for the linear function and use it to answer the given question. Be sure you clearly identify the independent and...

he following situation can be modeled by a linear function. Write an equation for the linear function and use it to answer the given question. Be sure you clearly identify the independent and...

The following situation can be modeled by a linear function. Write an equation for the linear function and use it to Question list K answer the given question. Be sure you clearly identify the...

Need help with this question The following situation can be modeled by a linear function. Write an equation for the linear function and use it to answer the given question. Be sure you clearly...

1The following situation can be modeled by a linear function. Write an equation for the linear function and use it to answer the given question. Be sure you clearly identify the independent and...

The following situation can be modeled by a linear function. Write an equation for the linear function and use it to answer the given question. Be sure you clearly identify the independent and...

The following situation can be modeled by a linear function Write an equation for the linear function and use it to answer the given question. Be sure you clearly identify the independent and...

The following situation can be modeled by a linear function. Write an equation for the linear function and use it to answer the given question. Be sure you clearly identify the independent and...

The Block Company uses the accrual basis to account for all sales transactions. Total sales for the current year amounted to $ 450,000. Of this amount, $ 120,000 is from sales on installment. The...

The following sentences describe key features of a lean production system. Indicate whether the statements are true or false. a. Lean production is focused on eliminating waste associated with...

The annual depreciation taken on a vehicle totals $ 3 , 2 0 0 . The vehicle has been in service for three full years and the adjusting entries have been completed for the year. At the end of the...

A company issues 1,050 shares of its common stock for $33,600 cash. Prepare journal entries to record this event under each of the following separate situations.