110k views
3 votes
The equation y=0.18x+1.85 can be used to predict the price of olive oil per quart,where x is the number of years since 2,019. According to the model, what will be theprice of olive oil per quart in 2,0232 Round answer to hundredths place. If theanswer doesn't have a hundredths place then include a zero so that the answer doeshave an hundredths place.

User Stephen C
by
8.0k points

1 Answer

3 votes

Given:


y=0.18x+1.85

Where,


\begin{gathered} y=\text{ Price of olive oil per quart} \\ x=\text{ Number of years.} \end{gathered}

In 2019 what will be the price of olive oil per quart in 20232.


\begin{gathered} x=20232-2019 \\ x=18213 \end{gathered}

So the price of olive oil per quart is:


\begin{gathered} y=0.18x+1.85 \\ y=0.18(18213)+1.85 \\ y=3278.34+1.85 \\ y=3280.19 \end{gathered}

So the olive oil price is 3280.190

User Ajeet
by
7.6k points
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

9.4m questions

12.2m answers

Categories