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PLEASE HELP! Neil has been running a tutoring business since 2005. He charges a monthly fee for weekly tutoring sessions and a phone help line. Each year, he has increased his fee by the same amount. The table shows what Neil charged each customer for two given years of his business: Year Annual Tutoring Fee 2005 $1200 2008 $1350 A. What is the rate of change and initial value for Neil's business? How do you know? B. Write an equation in slope-intercept form to represent the fees that Neil charges each year.

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jayilych4real

The rate of change for Neil's business is:

  • $50

The initial value of Neil's business is:

  • $1,200 in 2015

We can come to this conclusion because:

  • There is an increase in the cost every year by $50

With this in mind, we can perform the calculations by incrementing the value of the business by $50 every year, until 2008, from 2005.

The equation in slope-intercept form that represent the fees that Neil charges each year is:

  • y=50x+b

Read more about slope intercept here:

https://brainly.com/question/1884491

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