The linear function graphed below represents the value of a comic book since Lucy purchased it. What was the value of the comic book when Lucy bought it?

A graph titled Value of Lucy' s Comic Book has Years since Lucy bought comic book on the x-axis, and value (dollars) on the y-axis. Points are at (1, 40), (2, 55), (3, 70), (4, 85).
$10
$15
$25
$40

1 answer

To determine the value of the comic book when Lucy bought it, we need to find the y-intercept of the linear function represented by the given points on the graph.

The points provided are:

  • (1, 40)
  • (2, 55)
  • (3, 70)
  • (4, 85)

We can first find the slope (m) of the line using the points (1, 40) and (2, 55):

\[ m = \frac{y_2 - y_1}{x_2 - x_1} = \frac{55 - 40}{2 - 1} = \frac{15}{1} = 15 \]

Now we can use the slope and a point on the line to find the equation of the line in slope-intercept form \( y = mx + b \), where \( b \) is the y-intercept (the value when \( x = 0 \)).

Using the point (1, 40): \[ 40 = 15(1) + b \] \[ 40 = 15 + b \] \[ b = 40 - 15 = 25 \]

Thus, the equation of the line is: \[ y = 15x + 25 \]

To find the value of the comic book when Lucy bought it (which corresponds to \( x = 0 \)): \[ y = 15(0) + 25 = 25 \]

Therefore, the value of the comic book when Lucy bought it was $25.