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A phone company charges for service according to the formula: C ( n ) = 24 + 0.08 n C ( n ) = 24 + 0.08 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:
The initial value in this equation is:

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carlosego

Answer:

The rate of change is 0.08 and the initial value is 24.

Step-by-step explanation:

1. You have the following formula:

[tex]C(n)=24+0.08n[/tex]

2. It has the form of a equation of the line, which is:

[tex]y=mx+b[/tex]

Where [tex]m[/tex] is the slope, which gives the rate of change and [tex]b[/tex] is the y-intercept (The initial value, when [tex]x=0[/tex])

3. Therefore, the rate of change of the given formula is:

[tex]m=0.08[/tex]

4. And the initial value is:

[tex]b=24[/tex]

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