Answer :
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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