Question

5) Given a start-up fee of $150, and a monthly charge of $75, write an equation in slope intercept form, y = mx + b modeling this situation. (10 points)

Answer 1

We are asked to determine the equation of a line in slope-intercept form. We are given that there is a start-up fee of $150 and a monthly fee of $75. Therefore, is "x" is the number of months we need to multiply the monthly fee by "x" and then add the $150, therefore we get:

`y=75x+150`

And thus we get the equation in slope-intercept form.