Final answer:
The arithmetic sequence formula is An = d(n-1) + a1. The equation representing the sequence in this case is An = 12.95(n-1) + 4.95. The total cost for one year is $162.75.
Step-by-step explanation:
The arithmetic sequence formula is: An = d(n-1) + a1, where An represents the nth term, d is the common difference, and a1 is the first term.
In this case, the first month's rental fee is $4.95, so a1 = $4.95. The additional monthly fee is $12.95, so d = $12.95.
Therefore, the equation representing the sequence is An = 12.95(n-1) + 4.95.
To find the total cost for one year, we need to find the sum of all the monthly fees for 12 months. This can be done by substituting n = 12 into the equation and simplifying.
Thus, the total cost for one year is: A12 = 12.95(12-1) + 4.95 = $162.75.