Julia needs to lease out a music studio to record her new album. The studio charges an initial studio-use fee of $100 plus an hourly fee of $50. Make a table of values and then write an equation for P, in terms of t, representing the amount of money Julia would have to pay to use the studio for t hours.
The table of values for the amount of money Julia would have to pay to use the studio for different amounts of hours would look like this:
| t (hours) | P (amount of money) |
|-----------|--------------------|
| 1 | $150 |
| 2 | $200 |
| 3 | $250 |
| 4 | $300 |
| ... | ... |
| t | $100 + $50t |
The equation for P, in terms of t, representing the amount of money Julia would have to pay to use the studio for t hours is:
P = $100 + $50t