Question
Problem 4: (20 points) In 1994, the National Football League introduced a salary cap that limits the amount of money spent on players' salaries. The
Problem 4: (20 points) In 1994, the National Football League introduced a salary cap that limits
the amount of money spent on players' salaries. The quadratic model
y = 0.2313x2 + 2.600x + 35.17
approximates this cap in millions of dollars for the years 1994-2009, where x = 0
represents 1994 , x = 1 represents 1995, and so on (source: www.businessinsider.com).
Show your work and explanations in answering the following questions:
1. Use the quadratic to find an approximate value for the NFL salary cap in 2007 to
the nearest tenth of a million dollars.
2. According to the model, in what year did the salary cap reach 90 million dollars?
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