The sales of a small company were $25,000 in its second year of operation and $55,000 in its fifth year. Let y represent sales in the xth year of operation. Assume that the data can be approximated by a straight line. a) Find the slope of the sales line, and give an equation for the line in the form y=mx+b. b) Use your answer from part (b) to find out how many years must pass before the sales surpass $120,000. (a) The slope is and the equation is y=x+ (Type integers or decimals) CITE
The sales of a small company were $25,000 in its second year of operation and $55,000 in its fifth year. Let y represent sales in the xth year of operation. Assume that the data can be approximated by a straight line. a) Find the slope of the sales line, and give an equation for the line in the form y=mx+b. b) Use your answer from part (b) to find out how many years must pass before the sales surpass $120,000. (a) The slope is and the equation is y=x+ (Type integers or decimals) CITE
Algebra: Structure And Method, Book 1
(REV)00th Edition
ISBN:9780395977224
Author:Richard G. Brown, Mary P. Dolciani, Robert H. Sorgenfrey, William L. Cole
Publisher:Richard G. Brown, Mary P. Dolciani, Robert H. Sorgenfrey, William L. Cole
Chapter8: Introduction To Functions
Section8.8: Linear And Quadratic Functions
Problem 2OE
Related questions
Question
![The sales of a small company were $25,000 in its second year of operation and $55,000 in its fifth year. Let y represent sales in the xth year of operation. Assume that the data can be approximated by a straight line.
(a) Find the slope of the sales line, and give an equation for the line in the form y = mx + b.
(b) Use your answer from part (b) to find out how many years must pass before the sales surpass $120,000.
(a) The slope is and the equation is y=x+
(Type integers or decimals.)
an example
Get more help -
B
Q Search
J
TEE
CO
O
P](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F6a7a3fbd-e931-49bd-9345-1a643d111701%2F81e2ba58-6bf5-4165-9260-392ea610ad54%2Fkzjnp3d_processed.jpeg&w=3840&q=75)
Transcribed Image Text:The sales of a small company were $25,000 in its second year of operation and $55,000 in its fifth year. Let y represent sales in the xth year of operation. Assume that the data can be approximated by a straight line.
(a) Find the slope of the sales line, and give an equation for the line in the form y = mx + b.
(b) Use your answer from part (b) to find out how many years must pass before the sales surpass $120,000.
(a) The slope is and the equation is y=x+
(Type integers or decimals.)
an example
Get more help -
B
Q Search
J
TEE
CO
O
P
Expert Solution
![](/static/compass_v2/shared-icons/check-mark.png)
This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
This is a popular solution!
Trending now
This is a popular solution!
Step by step
Solved in 4 steps with 7 images
![Blurred answer](/static/compass_v2/solution-images/blurred-answer.jpg)
Recommended textbooks for you
![Algebra: Structure And Method, Book 1](https://www.bartleby.com/isbn_cover_images/9780395977224/9780395977224_smallCoverImage.gif)
Algebra: Structure And Method, Book 1
Algebra
ISBN:
9780395977224
Author:
Richard G. Brown, Mary P. Dolciani, Robert H. Sorgenfrey, William L. Cole
Publisher:
McDougal Littell
![Glencoe Algebra 1, Student Edition, 9780079039897…](https://www.bartleby.com/isbn_cover_images/9780079039897/9780079039897_smallCoverImage.jpg)
Glencoe Algebra 1, Student Edition, 9780079039897…
Algebra
ISBN:
9780079039897
Author:
Carter
Publisher:
McGraw Hill
![Elementary Algebra](https://www.bartleby.com/isbn_cover_images/9780998625713/9780998625713_smallCoverImage.jpg)
Elementary Algebra
Algebra
ISBN:
9780998625713
Author:
Lynn Marecek, MaryAnne Anthony-Smith
Publisher:
OpenStax - Rice University
![Algebra: Structure And Method, Book 1](https://www.bartleby.com/isbn_cover_images/9780395977224/9780395977224_smallCoverImage.gif)
Algebra: Structure And Method, Book 1
Algebra
ISBN:
9780395977224
Author:
Richard G. Brown, Mary P. Dolciani, Robert H. Sorgenfrey, William L. Cole
Publisher:
McDougal Littell
![Glencoe Algebra 1, Student Edition, 9780079039897…](https://www.bartleby.com/isbn_cover_images/9780079039897/9780079039897_smallCoverImage.jpg)
Glencoe Algebra 1, Student Edition, 9780079039897…
Algebra
ISBN:
9780079039897
Author:
Carter
Publisher:
McGraw Hill
![Elementary Algebra](https://www.bartleby.com/isbn_cover_images/9780998625713/9780998625713_smallCoverImage.jpg)
Elementary Algebra
Algebra
ISBN:
9780998625713
Author:
Lynn Marecek, MaryAnne Anthony-Smith
Publisher:
OpenStax - Rice University
![College Algebra (MindTap Course List)](https://www.bartleby.com/isbn_cover_images/9781305652231/9781305652231_smallCoverImage.gif)
College Algebra (MindTap Course List)
Algebra
ISBN:
9781305652231
Author:
R. David Gustafson, Jeff Hughes
Publisher:
Cengage Learning
![PREALGEBRA](https://www.bartleby.com/isbn_cover_images/9781938168994/9781938168994_smallCoverImage.gif)
![Functions and Change: A Modeling Approach to Coll…](https://www.bartleby.com/isbn_cover_images/9781337111348/9781337111348_smallCoverImage.gif)
Functions and Change: A Modeling Approach to Coll…
Algebra
ISBN:
9781337111348
Author:
Bruce Crauder, Benny Evans, Alan Noell
Publisher:
Cengage Learning