Question 14 (1 point)
Write an equation in the form y = mx + b for the average cost, y, of a textbook x years after 1990. Use the data points (0, 38) and (8, 86) to find the equation. Then use the equation to predict the average cost in 2012.
1) y = 6x + 38; the cost in 2012 is $170
2) y = 6x + 38; the cost in 2012 is $86
3) y = 38x + 6; the cost in 2012 is $234
4) y = 38x + 6; the cost in 2012 is $842