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In 1997, the cost for a 30-sec Super Bowl ad was $1.085 million. In 2017, the cost for a 30-sec Super Bowl ad was $5 million. Assuming that the cost of the ad grows linearly, write a linear function that models the cost of a 30-sec Super Bowl ad in millions, where x is the number of years after 1997. a. Two ordered pairs that represent this information are
b. The slope of the line through these two points is m=
c. The linear function that models the cost of the ad is
d. Using the function, what is the projected cost of a 30-sec Super Bowl ad in 2020?

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Answer:

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a)  (0 , 1.085) and (20 , 5)

b)  m= [tex]\frac{y_{2}-y_{1} }{x_{2} -x_{1} }[/tex]   ,      m= 0.19575

c)  c(x)= mx+b,    c(x) = 0.19575x + 1.085

d) 5.58725 million

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