A real estate agent has developed a linear model for the price of a house, P, in dollars in terms of the area, A, in square feet for the homes in a certain neighborhood. The equation is P=88,000+62.5A . What is the predicated price for a home that is 3,200 square feet? Round to the nearest dollar.(1 point)
dollars
P = 88,000 + 62.5(3,200)
P = 88,000 + 200,000
P = 288,000
Therefore, the predicted price for a home that is 3,200 square feet is $288,000.