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Employment Services. A policy statement of LIZCO, Inc., is shown below. Suppose a secretary had to pay an employment service $\$ 500$ to get placed in a new job at LIZCO. Write a linear equation that tells the secretary the actual cost $c$ of the employment service to her $m$ months after being hired.
$c=-20 m+500$
Algebra
Chapter 3
Graphing Linear Equations and Inequalities in Two Variables; Functions
Section 5
Slope–Intercept Form
Graphs and Statistics
Equations and Inequalities
Linear Functions
Systems of Equations and Inequalities
Campbell University
Oregon State University
Idaho State University
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in this problem, the employees had to pay a fee of $500 and we can think of that as a starting amount or an initial fee or flat feet. And that pretty much corresponds to your Y intercept in your equation. And we also know the rate of reimbursement is $20 per month, and any time you see a rate that's gonna translate into the slope now, in this situation, she's getting money back. She's not paying more money out, and so we're going to use a negative 20 instead of a positive 20. So we're going to let M B R X coordinate. Amsterdam stands for the number of months and see is our white coordinate that stands for the employees cost. I will come up with the equation in the form y equals MX plus B replacing Why, with C for cost. Our slope is negative 20 replacing X with M for months and then adding on that initial fee of 500
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