Despite booming new car sales with their cha-ching
sounds, the average age of vehicles on roads is not
going down. The bar graph shows the average price of
new cars in Country A and the average age of cars o
roads for two selected years. In 2014, the average price
of a new car was $37,600. For the period shown, new-
car prices increased by approximately $1250 per year.
If this trend continues, how many years after 2014 will
the price of a new car average $47,600? In which year
will this occur?
How many Years after 2014 will the average price of new cars average $47,00?
I provided a Picture for the graph! Thanks a ton!

Despite booming new car sales with their chaching sounds the average age of vehicles on roads is not going down The bar graph shows the average price of new car class=

Respuesta :

Answer to the 1st question: 8 years

Answer to the 2nd question: The year 2022

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Further explanation:

x = number of years after 2008

y = average price of a new car

The prices are going up by $1250 per year on average. This is the slope because the slope is the rate of change. So m = 1250.

The y intercept is b = 30100 as this is the price in 2008.

This leads us to go from y = mx+b to y = 1250x+30100

Plug in x = 0 and you should get y = 30100.

Also, plugging x = 6 into the equation leads to y = 37600 to help confirm things.

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Next, we plug in y = 47600 and solve for x.

y = 1250x+30100

47600 = 1250x+30100

47600-30100 = 1250x

17500 = 1250x

1250x = 17500

x = 17500/1250

x = 14

This means 14 years after the year 2008 is when the average new car price will be $47,600.

2008+14 = 2022

2022-2014 = 8

Therefore, 8 years after 2014 (aka the the year 2022) is when the new car average price will be $47,600.