Question

the graph models the linear relationship between the number of mouthy payments made on a loan and the remaining balance in dollars left to pay on the loan. which statement describes the x-intercept of the graph?A) the x-intercept is 60, which represents the initial balance in dollars of the loan.B) the x-intercept is 27,000, which represents the initial balance in dollars of the loan C) the x-intercept is 60, which represents the number of monthly payments needed to replay the loan. D) the x-intercept is 27,000 which represents the number of monthly payments needed to replay the loan.

Answer 1

we have

x -----> number of monthly payments

y -----> remaining balance

Remember that

the x-intercept is the value of x when the value of y is zero

In this context

is the number of monthly payments when the remaining balance is zero

looking at the graph

the x-intercept is (60,0)

therefore

the answer is the option C