Answer:
$372,000
Step-by-step explanation:
So, first I'm going to find the equation.
The basic linear equation is y=mx+b
We know there is a difference of 5 years between 155,000 and 310,000. Subtract 155,000 from 310,000 and we get 155,000.
Divide 155,000 by 5, and we get 31,000. It increases by 31,000 every year.
Now we have y=31,000x+b.
To find b we can plug stuff in. y=sales and x=year. Im going to use the third year results.
155,000=31,000(3)+b
155,000=93,000+b
-93,000 -93,000
62,000=b
Now we have our equation <em>y=31,000x+62,000</em>.
Plus in 10 as x to find year 10"s sales and.... we get $372,000