Question

The Coca-Cola Company had sales of $\mathrm{\$}35,123$ million in $2010$ and $\mathrm{\$}45,998$ million in $2014$ .

Use the Midpoint Formula to estimate the sales in $2012$ .

Assume that the sales followed a linear pattern.

Answer 1

Finding the sales in $2012$:

Given: Sales in $2010$ is $\mathrm{\$}35,123$ million

Sales in $2014$ is $\mathrm{\$}45,998$ million

Using Midpoint Formula, Sales in $2012$ $=\frac{35123+45998}{2}$

$=\frac{81121}{2}$

$=\$40,560.5$ million

Hence, estimated Sales in $2012$ is $\$40,560.5$ million