Mathematics, 24.08.2021 03:00 alix1234567888
A fruit company recently released a new applesauce. By the end of its first year, profits on this product amounted to $25,000. The anticipated profit for the end of the fourth year is $72,700. After the first year, the ratio of change in time to change in profit is constant. Let x be years and y be profit in dollars.
**HINT: The line must pass through (1, 25000) and (4, 72700)!**
Write a linear function (in slope-intercept form) that expresses profit as a function of time. Then, use this function to predict at the end of what year will the company’s profit reach $104, 500.
Answers: 1
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A fruit company recently released a new applesauce. By the end of its first year, profits on this p...
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