The following situation can be modeled by a linear function. Write an equation for the linear function and use it to answer the given question. Be sure you clearly identify the independent and dependent variables. Then briefly discuss whether a linear model is reasonable for the situation described. The price of a particular model car is $19,000 today and rises with time at a constant rate of $960 per year. How much will a new car of this model cost in 3.7 years? Select the correct choice below and fill in the answer box to complete your choice. (Simplify your answer.)
A. The independent variable is the price (o) in dollars, and the dependent variable is time (1), in years. The linear function that models this situation is
B. The independent variable is time (), in years, and the dependent variable is the price (p), in dollars. The linear function that models this situation is
The price of a car after 3.7 years will be $ (Simplify your answer.) Is a linear model reasonable for the situation?
A. The linear model is most likely not reasonable, because the price of a new car of the same model never changes, regardless of how much time passes.
B. The linear model is most likely not reasonable, because the price of a new car of the same model will always decrease at a constant rate.
C. The linear model is most likely not reasonable, because it is unlikely that the price of a new car of the same model will increase at a constant rate. always increases at a constant rate.