(Modeling) In Exercise, assume that a linear relationship exists between the two quantities.
Appraised Value of a Home In 2002, a house was purchased for $120,000. In 2012, it was appraised for $146,000.
(a) If x = 0 represents 2002 and x = 10 represents 2012, express the appraised value of the house, y, as a linear function of the number of years, x, after 2002.
(b) What was the house worth in the year 2009?
(c) What does the slope of the line represent?
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