The value of a company is increasing at constant rate. In January 1990 the company was worth 10 million dollars and in January 2006 it was worth 66 million dollars. Lety stands for the value of the company in millions of dollars and x stands for the time in years since 1990. The relation between x and y is linear. a. Find equation of the line in slope intercept form. b. Write the unit of the slope. c. Write a sentence to explain the meaning of the slope. Use numbers and units in your explanation

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter3: Linear And Nonlinear Functions
Section3.3: Rate Of Change And Slope
Problem 19PPS
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1. The value of a company is increasing at constant rate. In January 1990 the company was worth 10 million dollars and in January 2006 it was worth 66 million dollars. Lety stands for the value of the company in millions of dollars and x stands for the time in years since 1990. The relation between x and y is linear. a. Find equation of the line in slope intercept form. b. Write the unit of the slope. c. Write a sentence to explain the meaning of the slope. Use numbers and units in your explanation 2. Find a linear cost equation if thirty units cost $ 5640 and 120 units cost $1500. Use C for cost and x for number of units a. Find equation of the line in slope intercept form. b. Write the unit of the slope. c. Write a sentence to explain the meaning of the slope. Use numbers and units in your explanation. 3. The price of regular gas is growing linearly. The price was $1.94 per gallon in 2009 and it is $3.15 per gallon in 2011. Lety stands for the price of a gallon of regular gas and x stands for the time in years after 2008. Write a linear equation that models this data. a. Find equation of the line in slope intercept form. b. Write the unit of the slope. c. Write a sentence to explain the meaning of the slope. Use numbers and units in your explanation

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