Pencils cost 20 cents and pens cost 50 cents. Mabel buys x pencils and y pens, spending $2.00.

Write an equation in slope-intercept form that expresses y in terms of x.

slope= -2/5 what does it represent?
y-intercept= 4 what does it represent?

Correct.

20 cents =0.2 $

50 cents =0.5 $

0.2 x + 0.5 y = 2 Subtract 0.2 to both sides

0.2 x + 0.5 y - 0.2 x = 2 - 0.2 x

0. 5 y = 2 - 0.2 x multiply both sides by 2

y = 4 - 0.4 x

y = - 0.4 x + 4