Answer:
The required formula for y, the number of cars sold is: .
Step-by-step explanation:
Consider the provided information.
Let x represents the amount of money spend on advertising .
y is number of cars sold,
For each additional 5000 dollars spent, they sold 40 more cars.
The y-intercept form is:
Substitute x=60,000, y=680 and m=0.008 in the above equation.
Thus, the required formula for y, the number of cars sold is: .