Answer:
y = 2x + 60
Step-by-step explanation:
Use the equation for a line: y = mx + b
Where
x and y are points on the graph
and m is the slope, and can be found by finding
so the slope is 10/5 or 2, since the graph goes up by 10 and over by 5.
so plug into the equation, and you get y = 2x + b
Next, pick a point on the graph, and plug in the x and y coordinates,
for example:
(x,y) = (5,70)
so, 70 = 2(5) + b
then solve for b
60 = b
Then rewrite the equation
y = 2x + 60
The price of a painting in the year 2022 will be $ 568,000.
<h3>What is inflation?</h3>A rise in the amount of a certain product or service is known as inflation.
Given data;
Cost of painting in the year 2021, P₁ = $560,000
Cost of painting in the year 2022, P₂ =?
The amount increases every year,x = $8,000
The cost of painting in the year 2022 is found as;
P₂ = P₁ + x
P₂= $560,000 + $8,000
P₂ = $ 568,000
Hence the price of a painting in the year 2022 will be $ 568,000.
To learn more about inflation refer;
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