You tell me if this makes sense to you.
It's 47 years from 1970 to 2017 so you would need to multiply 7% by the 47 years.
So: 0.07x47= 3.29
Now you should add your new price to your original price: $3.29+$0.35= 3.64
So it should cost $3.64 now. Yes that does seem kind of low but that's how you do it.
I hope this helps :)
Answer:
y = 2/7x + 7
Step-by-step explanation:
We start off by putting the original equation into slope-intercept form. Subtract 7x from both sides, then divide both sides by -2. Your new equation should be y = -7/2x - 8. It's important to know that when two lines are perpendicular, their slopes (m) are opposite reciprocals of each other. So -7/2 becomes 2/7. The first part of your final equation is y = 2/7x + b.
Next, we need to find the y intercept (b). You need to plug the x and y values from the given coordinate point (-7,5) into your final equation. You should end up with: 5 = 2/7(-7) + b. Then, solve for b.
5 = -14/7 + b
5 = -2 + b
7 = b
Finally, plug the b value into your final equation and you will have your answer.
The company should expect 235 in sales
plug in 50 for x, 2.1 times 50 is 105, 105 + 130 is 235, y = 35.
