Answer:
Option a) The initial value of the car is 14,000
Step-by-step explanation:
we know that
y = mx + b
The linear equation into slope intercept form is equal to
where
m is the slope
b is the y-coordinate of the y-intercept
Remember that
The y-intercept is the value of y when the value of x is equal to zero
In this problem we have
y = 14,000 - 875x
so
The slope is equal to m = -875 $/year
The y-intercept is b = $14,000
therefore
$14,000 is the value of the car for x=0 (initial value)