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 the loan.

A.3C Q1
Which statement describes the x‑intercept of the graph?

Question 1 options:

The x-intercept is 60, which represents the initial balance in dollars of the loan

The x-intercept is 60, which represents he number of monthly payments needed to repay the loan

The x-intercept is 27,000, which represents the number of monthly payments needed to repay the loan

The x-intercept is 27,000, which represents the initial balance in dollars of the loan

1 answer

The correct statement is:

The x-intercept is 60, which represents the number of monthly payments needed to repay the loan