Final answer:
The equation for Company A is y = 10 + 2x, and for Company B it is y = 15 + x.
The point of intersection (5, 20) indicates that both companies will charge $20 for a service that includes 5 additional features.
Step-by-step explanation:
To write the linear equations for Company A and Company B, we will let x represent the number of additional features and y represent the total monthly cost.
For Company A, the base price is $10, and each additional feature adds $2 to the monthly cost. Therefore, the equation for Company A is y = 10 + 2x.
For Company B, the base price is $15, with each extra feature adding $1 to the monthly cost, resulting in the equation y = 15 + x.
To find the point of intersection, we set the two equations equal to each other and solve for x:
10 + 2x = 15 + x
2x - x = 15 - 10
x = 5
After finding the value of x, we substitute it back into either of the original equations to find the value of y:
y = 10 + 2(5) = $20
Now we have the point of intersection, which is (5, 20). This means that both companies will charge the same amount, $20, when customers subscribe to 5 additional features.