Question

Rutgers University charges a one-time student fee of $5,000 and a per credit fee of $1,000. Write an equation in slope-intercept form that models this situation.

Answer 1

The equation in slope-intercept form that models Rutgers University's charges is y = 5000 + 1000x, where y represents the total cost and x represents the number of credits taken.

Step-by-step explanation:

The equation in slope-intercept form that models Rutgers University's charges is:

y = 5000 + 1000x

Where y represents the total cost, x represents the number of credits taken, 5000 represents the one-time fee, and 1000 represents the per credit fee.

For example, if a student takes 4 credits, the total cost would be:

y = 5000 + 1000(4)

y = 5000 + 4000

y = $9000