The Following Linear Trend Equation Was Developed for Annual Sales

question 7

Multiple Choice

The following linear trend equation was developed for annual sales from 2005 to 2009,with 2005 as the base year. = 500 + 60t (in thousand $) . What are the estimated sales for 2010 (in thousand $) ?

• A)$500
• B)$860
• C)$1,040
• D)$1,100