Ahome owner buys a new refrigerator at a cost of $950. it costs $125 per year in electricity. write and equation in slope intercept form that models this situation.

C = 125n + 950

Step-by-step explanation:

The initial fixed cost is $950. Then electricity increases the cost by $125 each year.

Let C = the total cost

and n = the number of years in operation.

Then

C = 125n + 950

The point-slope for an equation is

y = mx +b

Comparing the two equations, we see that

m = 125 and b = 950