One way to write a linear equation is the formula y = mx + b where m is the slope of the function and b is the y-intercept. For this reason, it is known as slope-intercept form.
The slope os calculated via the formula
. Lets calculate the slope of the equation first.



So the slope is -0.12. This means for every minute of time used, $0.12 of credit is used. Next, lets plug in the value for m, and the values of an x and y point to find b.
y = 0.12x + b
23.16 = -0.12(57) + b
23.16 = -6.84 + b
30 = b
So, our final equation is y = -0.12x + 30.
Finally, we can use this equation to find the answer to the last part by plugging the value into x.
y = -0.12(60) + 30
y = -7.2 + 30
y = 22.8
So when 60 minutes have been used, there will be $22.80 worth of credit left.