Question

The amount of revenue brought in by states from motor vehicle licenses increased at a relatively constant rate of 499.70 million dollars per year from 1990-2000. In 2000, the states brought in 15,099 million dollars in revenue from motor vehicle licenses.

Answer 1

a) What was the approximate revenue (in million dollars) from licenses in 1990?
b) Write an equation that gives the revenue (in million dollars) as a function of the number of years since 1990.
c) Find the revenue from licenses in 1999.

Answer 2

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