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Can someone PLEASE help me with my problem? I would really appreciate it, thank you in advance.
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The cost of driving a car includes both fixed costs and milage costs. Assue that it costs $161.10 per month for insurance and car payments and $0.45 per mile for gasoline, oil, and routine maintenance. (a) Find values for m and b so that y=mx + b models the monthly cost of driving the car x miles. (b) What does the value of b represent?
y=.45x+161.10 m represents the "per mile" cost, x represents the number of miles b represents the fixed costs, i.e when x=0, b= $161.10
* when x = 0, then y also equals $161.10
@radar so what does m represent? .45?
\[m=\Delta y/\Delta x\]
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Yes, m=.45
ok thank you.
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