Nicole has saved $120 toward the purchase of a new bike. She gets a job that pays $12 an hour. She saves 25% of her hourly wage to purchase the new bike. She uses the equation y=(0.25)(12)x+ 120 to determine how much money she has saved toward the purchase of the new bike. What is the slope of the line represented by Nicole's equation?
A. 120
B. 0.25
C. 12
D. 3