New car prices
In 1993 and 2000, the average prices paid for a new car were $16,871 and $20,356, respectively. Assume the average price increased linearly.
(a) Find a function f that models the average price paid for a new car. Graph f together with the two data points.
(b) Interpret the slope of the graph of f.
(c) Graphically approximate the year when the average price paid would be $25,000.
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