food costs are expected to rise 6% each month for the next year. Which series correctly depicts the cost (to the nearest cent) for the next three months if the current cost is $150 per month?
For this case we have the following equation:  y = 150 * (1.06) ^ t  For the first month we have:  y = 150 * (1.06) ^ 1  y = 159 $  For the second month we have:  y = 150 * (1.06) ^ 2  y = 168.54 $  For the third month we have:  y = 150 * (1.06) ^ 1  y = 178.65 $  Answer:  d. $ 159.00 + $ 168.54 + $ 178.65
