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The function which best models the amount of rent she will have to pay in each future year is y = 450(1.15)^x
let
y = total rent paid each subsequent year
x = number of years
The function:
y = 450(1.15)^x
If x = third year
y = 450(1.15)^x
= 450(1.15)^3
= 450(1.520875)
= $684.39375
Given options:
A) y = 0.15x + 450
B) y- 450x + 0.15
C) y = 450(1.15)^x
D) y = 450(0.15)^x
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