Question

Can someone explain this?

Answer 1

for the first question, (using the graph), put your finger on 2000 on the x-axis
move up until you reach the "curve"
now move sideways to the left until you reach the y-axis
what number are you at ? any idea?

Answer 2

32

Answer 3

B. Use model 1 to determine the cost in 2000 of what cost $10,000 in 1975.

Answer 4

first write down the equation for model 1
next, you need to figure out what "x" is.
x in the model is the number of years past 1980
you want the year 2000, and 2000 is 2000-1980= 30 years past 1980

in other words, use equation 1, with x=30
can you do that?

Answer 5

43,722

Answer 6

Whats next?