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Mathematics, 20.11.2020 20:10 SethSimunek

Kevin 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 Kevin would have to pay to use the studio for tt hours can be determined using the equation P=100+50t. P=100+50t. What is the yy-intercept of the equation and what is its interpretation in the context of the problem?

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