A company projects an increase in production of 12% per year and uses the model Y=100x+12x to describe it's production. What do x and y represent in this model. Select all the apply.

*X is the number of years
*Y is the total amount of production
*Y is the increased amount of production
*X is the amount of production in the year before the first increase
*X is the percent of the increase
*Y is the percent that the increased production is of the original production