Ahome owner buys a new refrigerator at a cost of $950. it costs $125 per year in electricity. write

Ahome owner buys a new refrigerator at a cost of $950. it costs $125 per year in electricity. write and equation in slope intercept form that models this situation.

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  1. 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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