The correct interpretation of the key feature of the model \( y = 120 - 4.5x \) is:
The truck started off holding 120 gallons of fuel in the tank.
This is because when \( x = 0 \) (which represents the starting point), \( y = 120 - 4.5(0) = 120 \). Thus, the initial amount of fuel in the tank is 120 gallons. The other statements do not accurately represent the function's behavior.