Math Problem Statement

A phone company charges for service according to the formula: C ( n )

12 + 0.07 n C ( n )

12 + 0.07 n , where n n is the number of minutes talked, and C ( n ) C ( n ) is the monthly charge, in dollars.

The rate of change in this equation is: Correct

The initial value in this equation is:

Solution

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Math Problem Analysis

Mathematical Concepts

Linear Equations
Rate of Change
Initial Value

Formulas

C(n) = 12 + 0.07n (Linear Equation)

Theorems

Slope-Intercept Form

Suitable Grade Level

Grades 6-8