Yearly car insurance rates have been increasing steadily in the last few years. The rate y (in

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Yearly car insurance rates have been increasing steadily in the last few years. The rate y (in dollars) for a small car x years after 1999 can be modeled by y = 23x + 756.

(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 2007?

(d) If this trend continues, when will the yearly rate be $1308?

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Finite Mathematics and Its Applications

ISBN: 978-0134768632

12th edition

Authors: Larry J. Goldstein, David I. Schneider, Martha J. Siegel, Steven Hair

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