Answer: Third Option

Explanation:
We want to propose an equation that models the distance traveled by the caterpillar as a function of time, we have a constant initial quantity of 4.5 feet and then we know that every minute the caterpillar advances 3/8 of an inch
Then the distance that the caterpillar to advanced after x minutes is:

Then we know that initially the caterpillar was at a distance of 4.5 feet or 54 inch
Then the equation for the distance in inch is:
