Question:

The price of a widget was $362. Over nine years, the price

Last updated: 8/9/2022

The price of a widget was $362. Over nine years, the price

The price of a widget was $362. Over nine years, the price dropped to $245. Assume a linear trend. (a) Find a linear model P = ax + b for this situation, where P is the price at time x. P = _______. (b) Use this model to predict the price in 23 years. $ ________.