From the graph we can estimate that the price index for furs in Fort Albany was approximately 70 in 1715 and 105 in 1755. Use this info to find the rate of price increase over that time period. Find the equation of a line that approximates the behaviour of the fur price index between 1715 to 1755. (Use t = 0 for the year 1715.) (Hint: Essentially connect those two points with a line.)

Advanced Engineering Mathematics
10th Edition
ISBN:9780470458365
Author:Erwin Kreyszig
Publisher:Erwin Kreyszig
Chapter2: Second-order Linear Odes
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From the graph we can estimate that the price index for furs in Fort Albany was approximately
70 in 1715 and 105 in 1755. Use this info to find the rate of price increase over that time period.
Find the equation of a line that approximates the behaviour of the fur price index between 1715
to 1755. (Use t = 0 for the year 1715.) (Hint: Essentially connect those two points with a line.)
Transcribed Image Text:From the graph we can estimate that the price index for furs in Fort Albany was approximately 70 in 1715 and 105 in 1755. Use this info to find the rate of price increase over that time period. Find the equation of a line that approximates the behaviour of the fur price index between 1715 to 1755. (Use t = 0 for the year 1715.) (Hint: Essentially connect those two points with a line.)
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