The table shows the value of rice produced in Texas from 2000 to 2007. Build a model. Write an explanation for the rate of change. Predict when the price is likely to reach $2.60? Predict the value of rice in Texas in 2015. (hint: don't forget to change the years) (answers in 2nd image)

Algebra & Trigonometry with Analytic Geometry
13th Edition
ISBN:9781133382119
Author:Swokowski
Publisher:Swokowski
Chapter1: Fundamental Concepts Of Algebra
Section1.2: Exponents And Radicals
Problem 46E
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The table shows the value of rice produced in Texas from 2000 to 2007. Build a model. Write an explanation for the rate of change. Predict when the price is likely to reach $2.60? Predict the value of rice in Texas in 2015. (hint: don't forget to change the years) (answers in 2nd image)
2.) y = .15x 299.9/y .15x + .1
RofC: inc $3 every 20 year
$2.60: year 2017
2015: $2.35
%3D
Transcribed Image Text:2.) y = .15x 299.9/y .15x + .1 RofC: inc $3 every 20 year $2.60: year 2017 2015: $2.35 %3D
Year
2001
2002
2003
2004
2005
2006
2007
$ per pound
$0.461
$0.416
$0.735
$0.735
$0.777
$1.00
$1.13
135-
120-
105.
90.
75
60
45
30
15
O12345678910
Transcribed Image Text:Year 2001 2002 2003 2004 2005 2006 2007 $ per pound $0.461 $0.416 $0.735 $0.735 $0.777 $1.00 $1.13 135- 120- 105. 90. 75 60 45 30 15 O12345678910
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