The city of Charlotte, NC charges $2.50 fee and $2.50 per Mile for each cab ride

Write an equation in point-slope form to represent the amount charged, y, for x number of miles by the company in Charlotte. (Note: Please use the y - intercept as your point)

The point-slope form of an equation is y - y1 = m(x - x1), where m is the slope and (x1, y1) is a point on the line. In this case, the y-intercept is the point (0, 2.50), and the slope is $2.50 per mile.

The equation in point-slope form is: y - 2.50 = 2.50x