The cost of driving a car includes both fixed costs and mileage costs. Assume that it cost $170.10 per month for insurance and car payments and $0.33 per mile for gas oil and routine maintenance. (a) find the values for m and b so that y=mx+b models the monthly cost for driving the car x miles (b) what does the value of b represent.

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anonymous · Answer

b represent the fixed cost and m is the variable one here m= $0.33 and b=$170.10