frctl Posted March 7, 2020 Posted March 7, 2020 In 2002 the cost of a textbook was $120.00 and in 2013 it was $212.00. a. Assuming the cost of the textbook increases linearly as a function of time, give the function of the cost of the textbook since 2002. b. Give the interpretation of the slope of the function in part (a). c. A book is considered to be unaffordable when its price is more than $300.00. If the increase in price follows this linear trend, when will the book be unaffordable?
Ghideon Posted March 7, 2020 Posted March 7, 2020 Here are some hints: What have you tried so far? Do you have an idea how to start? Does it help to draw a simple picture using time as x-axis and price as y-axis?
Country Boy Posted March 10, 2020 Posted March 10, 2020 Any linear function of x can be written f(x)= ax+ b for numbers a and b. You are told that f(2002)= 120= 2002a+ b and f(2013)= 212= 2013a+ b. Solve the equations 2002a+ b= 120 and 2013a+ b= 212 for a and b.
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