A house purchased for $220000 has it's value grow at a constant rate of 4%. Determine the approximate
2 answers:
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A) T(m) = -0.16m +331.3
B) T(2015) = 8.9 . . . seconds
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The linear regression function of a graphing calculator can find the equation of the line easily. Or, you can use the 2-point form of the equation of a line.
.. T(m) = (10.5 -14.5)/(2005 -1980)*(m -1980) +14.5
.. T(m) = -0.16(m -1980) +14.5
B) T(2015) = 8.9 . . . seconds
_____
The linear regression function of a graphing calculator can find the equation of the line easily. Or, you can use the 2-point form of the equation of a line.
.. T(m) = (10.5 -14.5)/(2005 -1980)*(m -1980) +14.5
.. T(m) = -0.16(m -1980) +14.5