Question

The data in the table represents the predicted price of a. Gallon of milk y,for numbers of years x. Which form of an equation was used to model the price of gallon of milk?

Answer 1

ab^x

Explanation:

Answer 2

For this case we have the following table:
0 3
1 3.12
2 3.24
3 3.37
4 3.51
We can model the data with the following function:
y = (3) * (1.04) ^ x
Where,
3: initial cost
1.04: 4% annual increase in cost
x: number of years
Answer:
y = ab^x
option 3