The total cost of renting an apartment includes a one-time deposit fee plus a monthly rent. The cost may be modeled as

Question

C
(
x
)
=
1
,
200
x
+
800
. Which of these is a correct interpretation of the y-intercept of this function?

Answer 1

The correct interpretation of the y-intercept in this function is that it represents the one-time deposit fee for renting the apartment. In this case, the y-intercept is $800, which means that the initial cost of renting the apartment includes an $800 deposit fee.