The function f(x) = 34,000(1.05)* can be used to determine

Last updated: 7/19/2022

The function f(x) = 34,000(1.05)* can be used to determine Noah's cost of living in Houston over time. What does the 1.05 represent? A The cost of living will increase by approximately 1% each year B The cost of living will decrease by approximately 1% each year C The cost of living will increase by approximately 5% each year D The cost of living will decrease by approximately 5% each year