Question

Each problem, create a table

Write an equation, in slope-intercept form, to model each situation.
1. You rent a bicycle for $20 plus $2 per hour.
Y=2x120

Answer 1

You have a fixed cost ($20) and a variable cost ($2*number of hours you rent the bike)

Cost = Variable Cost + Fixed Cost

Let y = your Cost and x = the number of hours you rent the bike. The fixed cost is $20.

y = ($2 per hour)*(x hours) + $20

y = 2x + 20