Step1:
The formula for finding the slope is given below:
[tex]\text{Slope =}\frac{y_2-y_1}{x_2-x_1}[/tex][tex]\begin{gathered} \text{Where x}_1=2weeks;y_1=\text{ \$80} \\ x_{2_{}}=4\text{ we}eks;y_2=\text{ \$260} \end{gathered}[/tex]
Substituting these values into the formula above, we get
[tex]\text{Slope =}\frac{260-80}{4-2}=\frac{180}{2}=90[/tex]
Step2:
The required equation model can be obtained with the formula below:
[tex]\begin{gathered} y-y_1=slope(x-x_1) \\ \text{Where x}_1=2;y_1=\text{ 80} \\ \text{Now, substituting these values into the formula, we get} \\ y-80=90(x-2) \end{gathered}[/tex][tex]\begin{gathered} \text{Clearing the brackets, we get} \\ y-80=90x-180 \\ \text{Collecting the like terms, we get} \\ y=90x-180+80 \\ y=90x-100 \end{gathered}[/tex]
The correct equation model is y = 90x -100.
The slope is 90. This implies that for every Brayden saves $90.
The y-intercept is -100. This means that there is a fixed deduction of $100 from whatever amount that Brayden saved to buy the new bike.