In 2016, 5,200 parking permits were issued in a city. The number of parking permits increases by 5% every year. Let y represent
the number of parking permits issued x years since 2016. Which type of sequence does the situation represent? A.The situation represents a geometric sequence because the successive y-values have a common ratio of 1.05. B.
The situation represents an arithmetic sequence because the successive y-values have a common difference of 1.5.
C.
The situation represents a geometric sequence because the successive y-values have a common ratio of 1.5.
D.
The situation represents an arithmetic sequence because the successive y-values have a common difference of 1.05.