What will be my projected sales in 2018?

Mathematics
Tutor: None Selected Time limit: 1 Day

  My sales revenue has grown from $1,200,000 in 2012 to $1,500,000 in 2015.  Assuming that my sales revenue growth is linear, find the linear equation for my sales.  What will be my projected sales in 2018?

Nov 13th, 2015

Thank you for the opportunity to help you with your question!

slope = 300000/3= 100000

1500000 = 100000*3+C

y intercept = 1200000 [Assuming 2012 to be the base year.

So, linear equation of sales  => y = 100000*(x-2012)+1200000 [Where x and y are actual years.

So projected sales in 2018,

y = 100000*(2018-2012)+1200000

sales = $1,800,000

Please let me know if you need any clarification. I'm always happy to answer your questions.
Nov 13th, 2015

What does C stand for?

Nov 13th, 2015

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