Inactive Tutor answered 09/09/15
Tutor
New to Wyzant
set the equation as y= ax +b, so you get two equations,
12000= 30000x+ b
16000 = 50000x + b
solve for a and b, you get a=0.2 d b = 6000
so the equation is y = 0.2x +6000
12000= 30000x+ b
16000 = 50000x + b
solve for a and b, you get a=0.2 d b = 6000
so the equation is y = 0.2x +6000