Why do you use linear extrapolation?

honigtropfenvi

honigtropfenvi

Answered question

2022-09-10

Why do you use linear extrapolation?

Answer & Explanation

Jaden Mason

Jaden Mason

Beginner2022-09-11Added 15 answers

Linear extrapolation is used to answer certain questions like:
(insert name here) and (insert name here) start a (insert business thingy here) business and start with $2,000 per year. They get more customers each year. For each they they continue to work, they gain $2,000 more than the last year, and then they take away the cost of materials, $500.
The equation is:
2 , 000 X - 500 = Y
Pretend that there is a graph that lasts 20 years. Now, figure out how much money they will have after 30 years.
By the way, that's:
2 , 000 ( 30 ) - 500 = Y
60 , 000 - 500 = Y
59 , 500 = Y

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