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The data in the table represents the predicted price of a gallon of milk, y, for number of years, x.

A 2-column table with 5 rows. The first column is labeled years with entries 0, 1, 2, 3, 4. The second column is labeled price (dollar sign) with entries 3.00, 3.12, 3.24, 3.37, 3.51.

Which form of an equation was used to model the price of a gallon of milk?

y = ax + b
y = ax2 + b
y = abx
y = a + bx

Sagot :

y=abx is the right answer because I had that same question in a test

The equation of the function model representing the price of a gallon of milk is: C. [tex]y = ab^x[/tex]

What is a Function Model?

A function model is an equation that defines the relationship between two variables.

Given the table, we have the following:

Initial cost (a) = 3

Annual increase in cost (b) = 1.04 at 4%

number of years = x

Therefore, the function model is expressed as: y = 3(1.04)^x

The equation used to model the price is: C. [tex]y = ab^x[/tex]

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