Cedric buys a cantaloupe every week. The first time he bought a cantaloupe, it cost $2.40. He notices the price is getting less expensive, at a rate of 8% per week.

Cedric sketches a graph of the situation.

Which statements are true?

Select each correct answer.
 


The graph has an x-intercept and a y-intercept.

The graph increases from left to right.

The graph has a y-intercept only.

The graph decreases from left to right.

The point 
(2.40, 0)
is on the graph.

The point ​
(0, 2.40)
​is on the graph.