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The graph models the linear relationship between the number of monthly payments made on a loan and the remaining balance in dollars left to pay on a loan

User Oktieh
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1 Answer

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Answer:

The value of the x-intercept is 60

Explanation:

In this question:

The x-intercept = value at the point

The slope or regression line intersects the x-axis. This point on then graph given is 60. The x-intercept gives information about the variable represented on the x-axis of a graph which is the number of monthly repayments needed to pay the loan.

The value of the x-intercept can will also be interpreted as the value of x when y=0. Thus the count of monthly payment required to cover the loan.

Which it will then represents the number ofmonthly payments needed to cover the loan.

Therefore the answer to your question is, x-intercept is 60

User Luz
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