in 2016 5200 parking permits were issued in a city the number of parking permits increased by 5% every year but y represent the number of parking permits issued X years since 2016

A) the situation represents an arithmetic sequence because the successive y-values have a common difference of 1.05.

B) the situation represents a geometric sequence because the successive y values have a common ratio of 1.5.

C) the situation represents a geometric sequence because the successive y values have a common ratio of 1.05.

D) the situation represents an arithmetic sequence because of the successive y values have a common difference of 1.5.​