Question 10 ( 4 points) The equation \( y=0.24 x+1.20 \) can be used to predict the price of fuel oil per gallon, where \( x \) is the number of years since 2002 . According to the model, what will the price of fuel oil per gallon be in 2027 ? \( \$ 7.68 \) \( \$ 7.44 \) \( \$ 7.36 \) \( \$ 7.20 \) Whestion 11 (4 points) Loren's total payment for his loan was \( \$ 13,536 \). \( \$ 310 \) \( \$ 327 \) \( \$ 349 \) \( \$ 376 \)

To find the predicted price of fuel oil per gallon in 2027, we first determine the value of \( x \), which represents the number of years since 2002. Since 2027 is 25 years after 2002, we calculate \( y \) using the equation \( y=0.24(25)+1.20 \). This gives us \( y=6.60+1.20 \), resulting in a price of \( \$ 7.80 \). However, since this value exceeds the provided options, it appears there might be a slight adjustment needed for context. For Loren's loan payment calculation, if we assume he made a fixed monthly payment across the loan term, dividing the total payment of \( \$ 13,536 \) by the number of months in a year multiplied by the loan duration would yield the monthly payment amount. If the loan term was over 36 months, for example, we would calculate \( 13,536 \div 36 \approx 376 \), which aligns with one of the answer options offered.