Raymond B. answered 06/01/21
Math, microeconomics or criminal justice
(330, 51.50)
(740, 72)
a line through those two points has slope = (72-51.5)/740-330) = 20.5/410 = 1/20
C = (1/20)M + F where M= number of minutes and F = the monthly fee, to solve for F plug in
either point
72 = (1/20)740 + F
f = 72 - 37 = $35 monthly fee
y=.05M + 35 is a linear equation giving the cost as sum of the monthly fee plus cost of minutes used
the y intercept is the monthly fee = $35
the slope is the cost for one minute used
y =.05(694) + 35 = 34.7+35 = $69.70 for 694 minutes
You knew it would be a little less than $72