The wholesale price of a pound of beans decreased by 5% from the previous month...
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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 overthis time period?A) y = 0.95x+2.31B) y = 1.05x+2.31C) y = 2.31(0.95)xD) y = 2.31(1.05)x
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 overthis time period?A) y = 0.95x+2.31B) y = 1.05x+2.31C) y = 2.31(0.95)xD) y = 2.31(1.05)x
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