Carter needs to lease out a music studio to record his new album. The studio charges an initial studio-use fee plus an hourly fee for each hour in the studio. The total amount of money Carter would have to pay to use the studio for t hours can be determined using the equation P=350+75t. What is the y-intercept of the equation and what is it's interpretation in the context of the problem​

Given:

The equation is

Where, P be the total amount of money Carter would have to pay to use the studio for t hours.

To find:

The y-intercept and it's interpretation in the context of the problem​.

Solution:

We have,

At t=0, we get

Therefore, the y-intercept is 350 and it means the initial fee of the studio is 350 when the number of hours is 0.

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/ˈplājəˌrizəm/

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noun

the practice of taking someone else's work or ideas and passing them off as one's own.

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