The Ferry family decides to buy a new television that costs $215. The store has an installment plan that allows them to make a $35 down payment ad then pay $15 a month. Use the graph to answer the questions below. Paying for a TV on an Installment Plan $220 $200 $180 $160 $140 $120 $100 $80 $60 $40 $20 $0 0 1234 5 6789 101112 Months a. Write an equation that represents the relationship between the amount the Ferry family still owes and the number of months after the purchase. Explain what information the numbers and variables represent. b. The point where the graph of an equation intersects the x-axis is called the x-intercept. What are the x- and y-intercepts of the graph for this payment plan? Explain what information each intercept represents. Amount Owed

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