The table shows the median home prices in Florida. What is the equation of a trend line that models a relationship between time and home prices? Use the equation to predict the median home price in 2040.

year-1940, 1950,1960, 1970,1980,1990, 2000
median prices- $23800, $40900, $58000, $57400, $82400, $100700, $113100

y = 44.65x + 23,800; $172,600
y = 44.65x + 23,800; $142,900
y = 1488.33x + 23,800; $142,900
y = 1488.33x + 23,800; 172,600

Question

The table shows the median home prices in Florida. What is the equation of a trend line that models a relationship between time and home prices? Use the equation to predict the median home price in 2040.

year-1940, 1950,1960, 1970,1980,1990, 2000
median prices- $23800, $40900, $58000, $57400, $82400, $100700, $113100

y = 44.65x + 23,800;  $172,600
y = 44.65x + 23,800; $142,900
y = 1488.33x + 23,800; $142,900
y = 1488.33x + 23,800; 172,600