3. (2 pоints) Pаrt а.) Identify the scenаriо as a linear оr exponential model. Write the correct answer. (3 points) Part b.) Answer the question accordingly. Scenario: The average rate of inflation in 2021 was 8.5%. a.) Linear model or Exponential model? b.) If the inflation rate had stayed the same, how much would an item cost in 2027 assuming it cost $97 in 2021? Round to the nearest cent (hundredth).