A radio station has $400 to give away for a contest. It gives away a $50 prize each week. The equation y = 400 – 50x represents the amount y the radio station has left to give away after x weeks. Interpret the meaning of the x- and y-intercepts in the context of the situation.
The y intercept, (0,400) represents the amount of money the radio station originally had. The x-intercept, (8,0), represents the amount of weeks it will take for the radio station to have $0 left.
