Write an equation in slope-intercept form (y = mx + b) for each situation. 1) Adam wants to buy a new cell phone and they have a crazy sale going on at Cricket!! He can buy a cheap phone for only $7 and then pay $3 per month for talking minutes and texting. (Woah! ) a) Slope = ____________ c) Equation: ________________________ b) y-intercept = _____________ d) Graph: e) What does the x-variable in your equation stand for? __________________________ What does the y-variable in your equation stand for?___________________________ e) What if Adam wanted to sign a year contract? Use the equation to find how much it would cost. (Show all work!) 2) Katie decided she wants to start going to the gym. She has to pay a one-time fee of $6 and then $4 per month after that. a) Slope = ____________ c) Equation: ________________________ b) y-intercept = _____________ d) Graph: e) What does the x-variable in your equation stand for? __________________________ What does the y-variable in your equation stand for?___________________________ e) What if Katie went to the gym for 15 months? Use the equation to find how much it would cost. (Show all work!) 3) Eric wants to get a membership for the local video store. He has to pay $5 to become a member and then $1 for every movie that he rents. (No late fees! ) a) Slope = ____________ c) Equation: ________________________ b) y-intercept = _____________ d) Graph: e) What does the x-variable in your equation stand for? __________________________ What does the y-variable in your equation stand for?___________________________ e) What if Eric rented 20 movies the first month he had a memebership? Use the equation to find how much it would cost. (Show all work!)