Despite booming new car sales with their cha-ching sounds, the average age of vehicles on U.S. roads is not going down. The bar graph shows the average price of new cars in the United States and the average age of cars on U.S. roads for two selected years. Exercises 5–6 are based on the information displayed by the graph.

In 2014, the average price of a new car was $37,600. For the period shown, new-car prices increased by approximately $1250 per year. If this trend continues, how many years after 2014 will the price of a new car average $46,350? In which year will this occur?

Transcribed Image Text:

Average New-Car Price $40,000 $38,000 $36,000 $34,000 $32,000 $30,000 $28,000 Average Price of New Cars and Average Age of Cars on U.S. Roads 2008 | 2014 30,100 37,600. Average Price of a New Car 10.1 11.3 Average Age of a Car on U.S. Roads 11.6 11.3 11.0 10.7 10.4 10.1 9.8 Average Car Age (Years)