The price of a new item is $800. After 4 years, the price increased to $1200. Assume the price increases linearly. Let Prepresents the price function at any time x years. (a) Find a linear function P- ax + b. 26 (b) Use the linear function P to find the price after 10 years.
The price of a new item is $800. After 4 years, the price increased to $1200. Assume the price increases linearly. Let Prepresents the price function at any time x years. (a) Find a linear function P- ax + b. 26 (b) Use the linear function P to find the price after 10 years.
Calculus: Early Transcendentals
8th Edition
ISBN:9781285741550
Author:James Stewart
Publisher:James Stewart
Chapter1: Functions And Models
Section: Chapter Questions
Problem 1RCC: (a) What is a function? What are its domain and range? (b) What is the graph of a function? (c) How...
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
Transcribed Image Text:The price of a new item is $800. After 4 years, the price increased to $1200. Assume the price increases
linearly. Let Prepresents the price function at any time x years.
(a) Find a linear function P- ax + b.
26
(b) Use the linear function P to find the price after 10 years.
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