A home owner buys a new refrigerator at a cost of $950. It costs $125 per year in electricity. Write and equation in slope inter
cept form that models this situation.
1 answer:
Answer:
C = 125n + 950
Step-by-step explanation:
The initial fixed cost is $950. Then electricity increases the cost by $125 each year.
Let C = the total cost
and n = the number of years in operation.
Then
C = 125n + 950
The point-slope for an equation is
y = mx +b
Comparing the two equations, we see that
m = 125 and b = 950
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