Inflation has caused the price of a 50-pound bag of rice to rise in a certain country, as shown in the table. What type of function models the situation?

In all the expressions 1.03 is constant so, the function can be linear. So, the correct option is B.
A linear equation is an equation that has the variable of the highest power of 1. The standard form of a linear equation is of the form Ax + B = 0.
Inflation has caused the price of a 50-pound bag of rice to rise in certain countries, as shown in the table.
In 2003, the price of 50 pounded bags of rice in US Dollars
20.00 x 1.03 = 20.60
In all the expressions 1.03 is constant so, the function can be linear.
Learn more about linear equations;
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