Food costs are expected to rise 6 percent 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 dollars per month?

Increase the cost by multiplying by 1.06 each month. The first month is $150.00 × 1.06 = $159.00, the second is $159.00 × 1.06 = $168.54, and the third is $168.54 × 1.06 = $178.65 to the nearest cent. This matches choice C.

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