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Business, 26.11.2021 15:10 Svetakotok

In 1995 the Solar Electric Company showed a profit of $3.45 per share, and it expects this figure to increase annually by $0.25 per share. If the year 1995 corresponds to x=0, and successive year correspond to x = 1, 2, 3, and so on, find the equation y = mx + b of the line to allows the company to predict its profit y dollars per share in future years. Sketch the graph this equation and find the predicted profit per share in 2001.

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