Final answer:
Option 1: y = 3.50x + 7.50, Option 2: y = 16.50(x/3). Option 1 would be the least expensive option for renting 5 video games.
Step-by-step explanation:
To write an equation for Option 1, we can use the formula y = mx + b, where m represents the rental fee per game and b represents the initial fee. In this case, the rental fee per game is $3.50, so the equation would be y = 3.50x + 7.50.
For Option 2, we can use the given chart to create an equation. Since the rental fee increases by $16.50 each time the number of games rented increases by 3, we can determine that the equation is y = 16.50(x/3).
To determine which option would be the least expensive for renting 5 video games, we can substitute x = 5 into both equations and compare the values of y.
For Option 1: y = 3.50(5) + 7.50 = $24.50
For Option 2: y = 16.50(5/3) = $27.50
Therefore, Option 1 would be the least expensive option for renting 5 video games.