Answer
$\text{(d)} \quad N(x)=40x+12,500$
Work Step by Step
Step $1$. The existing $12,500$ miles is the value at $x=0$, thus it is the $y$-intercept.
Step $2$. The average rate of $40$ miles per day is the slope of the linear funtion.
Step $3$. Thus, the function that models the odometer is $N(x)=40x+12,500$. The answer is option $\text{(d)}$.