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Suppose that in the year 2010, the cost of a compact car averaged $13500 and that in 2013, the cost averaged $15300. Assuming that the
Suppose that in the year 2010, the cost of a compact car averaged $13500 and that in 2013, the cost averaged $15300. Assuming that the relationship between yearx
xand costy
yis linear, develop a formula for predicting the average cost of a compact car in the future. Let the variablex
xbe the years since 2010. Be sure to use the lower case variablesx
xandy
What do you predict the average cost of a compact car will be in the year 2019?
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