Answer: an = 1500(1.15)^n (It looks like you have a typo in the third choice)
This is an example of an exponential equation.
These types of equations are in the form: y = ab^x
A is the starting amount, b is the rate and x is the number of years.
All you have to do is put the pieces in place. Since it is a 15% increase, we are using 1.15 for the rate. And the starting value (a) is 1500.