The cost of mailing a letter increased 40 from 1958 to 2011. The table below lists the

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The cost of mailing a letter increased 40¢ from 1958 to 2011. The table below lists the cost of a first-class stamp in selected years.
Year, x First-Class Postage
Cost C (in cents)
1958, 0 ................................ 4¢
1968, 10 ................................ 6
1978, 20 .............................. 15
1988, 30 .............................. 25
1995, 37 .............................. 32
2002, 44 .............................. 37
2006, 48 .............................. 39
2008, 50 .............................. 42
2011, 53 .............................. 44
a) Use a graphing calculator to fit an exponential function to the data, where x is the number of years after 1958.
b) Graph the function with a scatter plot of the data.
c) Estimate the cost of a first-class stamp in 1970, in 2000, and in 2015.
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Related Book For  book-img-for-question

College Algebra Graphs and Models

ISBN: 978-0321845405

5th edition

Authors: Marvin L. Bittinger, Judith A. Beecher, David J. Ellenbogen, Judith A. Penna

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