Tom bought a boat for $3,000 and incurs a daily storage fee of $15. Write a linear function to represent the total amount Tom will owe, p(x), if he waits x days to pick it up. ______
Q. Tom bought a boat for $3,000 and incurs a daily storage fee of $15. Write a linear function to represent the total amount Tom will owe, p(x), if he waits x days to pick it up. ______
Identify Cost and Fee: Identify the initial cost and the daily storage fee.Tom bought the boat for an initial cost of $3,000. This is a one-time payment and does not depend on the number of days. The daily storage fee is $15 per day. This fee accumulates each day Tom waits to pick up the boat.
Write Linear Function: Write the linear function to represent the total cost.The total amount Tom will owe, p(x), is the sum of the initial cost and the daily storage fees accumulated over x days. The linear function will have a constant term (the initial cost) and a variable term (the daily fee times the number of days).p(x)=initial cost+(daily storage fee×number of days)p(x)=($3,000)+($(15)×x)
Simplify Function: Simplify the linear function.The linear function does not need any further simplification since it is already in the form of p(x)=mx+b, where m is the slope (daily storage fee) and b is the y-intercept (initial cost).p(x)=$(3,000)+$(15)x
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