Dr Gulshan S. answered 02/27/17
Tutor
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(52)
Experienced Physics Tutor with a PhD
Hi Victor
Assume Y = total fee in $
X = No. of months
and b = Intercept = $30
Eqation f stright line has slope = 4
So the equation becomes
Y = 4X +30
When X= 0 and Y= 30 which is joining fee
After one month payable / paid amount = Y = 4*1+30 =34
So Eq od st line is Y = 4X + 30