Recall that we are told that the cell phone company charges a fixed monthly fee plus a fee that depends on how many minutes you use the phone during the month. If we let b be the fixed charged fee and m be the rate (dollars per minute) that the company charges, then, the total amount charged if we use x dollars in the month, would be
which corresponds to the equation of a line. We want to calculate m, which is the slope of this line. We know that if we use the phone 260 minutes, we get a bill of 22.10. Also, we know if we spent 330, we are charged 24.55. If we translate into our variables, that means that whenever x=260 we get y=22.10 and if x=330 we get y=24.55. We can summarize this using the coordinates as (260,22.10) and (330,24.55).
Recall that, to calculate the slope that joins the points (a,b) and (c,d), we use the formula
In our case, we have a=260, b = 22.10, c=330, d=24.55. So, the slope of the line that we want would be
so the company charges 0.035 dollars per minute