Question

1)January's Cell Phone Bill for the past 4 years -
Year| Base Rate on Bill
-------------------------------
1 |$59.95
2 |$61.75
3 |$63.60
4 |$65.51
Does the increase in price represent a linear or exponential function, and what is the constant growth rate or growth factor per year?
A] Linear, and the constant growth rate is $1.80 per year
B] Linear, and the growth factor is 1.03 per year
C] Exponential, and the constant growth rate is $1.80 per year
D] Exponential, and the growth factor is 1.03 per year

Answer 1

C