The wholesale price of a pound of beans decreased by 5% from

Last updated: 7/24/2022

The wholesale price of a pound of beans decreased by 5% from the previous month for 9 consecutive months. If x is the number of months since the price began to drop and y is the cost of a pound of beans, which of the following equations could model the cost of beans over this time period? A) y = 0.95x+2.31 B) y = 1.05x+2.31 C) y = 2.31(0.95)x D) y = 2.31(1.05)x