question archive A phone company charges for service according to the formula C(n) = 27+0
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A phone company charges for service according to the formula C(n) = 27+0.2n, where n is the number of minutes talked and C(n) is the monthly charge, in dollars. Find the rate of change: Initial value:
Answer:
Monthly charge(Cn):
Rate of change of 0.2 implies that the company charges $0.2 per 1 minute call.
In other words, monthly charge increases by $0.2 in every minute you use it for a phone call.
The y -intercept of 27 implies that the company charges a fixed monthly amount of $27. That is, when you subscribe to their service, even you have not yet used it for a phone call, you have an initial charge of $27. This inceases then by $0.2 as discussed above.