The answer is c. 1.5r + 2.5(5 – r) = 10.50. Let r be the number of raisins and p be the number of peanuts. Raisins cost $1.50 per pound: 1.5r. Peanuts cost $2.50 per pound: 2.5p. Jeremy spends $10.50: 1.50r + 2.50p = 10.50. Jeremy makes 5 pounds of trail mix: r + p = 5. So, we have the system of two equations: 1.5r + 2.5p = 10.50 and r + p = 5. Use the second equation to express p: p = 5 - r. Now, substitute p in the first equation: 1.5r + 2.5(5 - r) = 10.50. Therefore, the correct choice is c. 1.5r + 2.5(5 – r) = 10.50.