Find a linear function that models the relationship between the two variables and describe the slope and intercept (For example, if P = 7.5s +80 gives weekly pay P, as a function of number of units sold s, then the slope of 7.5 is the pay per unit sold and the intercept of 80 is the amount of the employees base pay each week.)
Housing prices in a particular neighborhood increased at rate of $1,200 per year. If you bought a home in 1960 for $45,000, what would it be worth today? Let H be the price of the house and let t be the number of years since 1960 and find a formula for that relates the two, then use it to answer the question.