Answer:
The slope is $0.35/min and it gives the cost per minute of the phone used.
Step-by-step explanation:
We can model this situation with a linear equation of the form
[tex]y =mx+b[/tex]
where [tex]y[/tex] is monthly cost, [tex]x[/tex] is the number of minutes, [tex]b[/tex] is the flat monthly fee, and [tex]m[/tex] is the slope of the equation, or in our case, the amount of money charged per minute.
The slope [tex]m[/tex] is
[tex]m= \dfrac{\$372.5-\$131}{990min-300min}[/tex]
[tex]m = \$0.35/min[/tex],
in other words, the phone company charges $0.5 per minute.
With the slope in hand, the linear equation becomes
[tex]y =0.35x+b[/tex],
and we can find the monthly fee [tex]b[/tex] from that fact that for 300 minutes the cost is $131:
[tex]\$131 = 0.35(300min) +b[/tex]
[tex]b = \%26[/tex].
Therefore,
[tex]y = 0.35x+26[/tex]
where the slope if the equation give the cost per minute of the phone used.