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Question
an accountant charges a fee of $100 to complete a companys taxes. the accountant also charges an additional $35 per hour to complete the taxes. which of the following equations can be used to describe this problem?
a $y = 35 - 100x$
b $y = 35 + 100x$
c $y = 100 - 35x$
d $y = 100 + 35x$
Step1: Define variables
Let $x$ = number of hours, $y$ = total fee.
Step2: Identify fixed fee
Fixed cost = $100 (constant term).
Step3: Identify variable cost
Hourly rate = $35, so variable cost = $35x$.
Step4: Build total cost equation
Total fee = fixed fee + variable cost: $y = 100 + 35x$
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d. $y = 100 + 35x$