Final answer:
Function 1, which represents Lenny's spending, shows a greater rate of change since Lenny spends $15 each month on comic books, compared to Thad, who spends $12 each month as indicated by the equation y = −12x + 80. The correct answer is option 3.
Step-by-step explanation:
To determine which function shows a greater rate of change, we examine how much money is spent each month from Lenny's and Thad's money boxes. Looking at Lenny's table (Function 1), we can see that the money decreases by $15 every month. For Thad's function (Function 2), the equation given is y = −12x + 80. The coefficient of x in Thad's equation represents the rate of change. Since the rate of change for Thad is −12, it indicates Thad spends $12 each month.
The function with the greater rate of change would be the function where the value decreases more quickly. Function 1, for Lenny, decreases by $15 each month, while Function 2, for Thad, decreases by $12 each month. Therefore, Function 1 shows a greater rate of change because Lenny spends $15 each month compared to Thad's $12 each month.