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OpenStax, Algebra and Trigonometry 2e §4.2 Modeling with Linear Functions · Exercise 44 · Algebra · Graphs

Modeling with Linear Functions · Exercise 44

Use the median home values in Mississippi and Hawaii (adjusted for inflation) shown in the table. Assume that the house values are changing linearly.
\begin{array}{|c|c|c|}\hline \text{Year} & \text{Mississippi} & \text{Hawaii} \\ \hline \text{1950} & \text{$25,200} & \text{$74,400} \\ \hline \text{2000} & \text{$71,400} & \text{$272,700} \\ \hline\end{array}

If these trends were to continue, what would be the median home value in Mississippi in 2010?

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OpenStax, Algebra and Trigonometry 2e · §4.2 Modeling with Linear Functions · Exercise 44

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