HELP1 Doug buys a pumpkin every year. The first time he bought a pumpkin, at year 0, it cost $2.60. He notices the price is getting more expensive, at a rate of 7% per year.

Doug sketches a graph of the situation.

Which statements are true?

Select each correct answer.

The graph has a y-intercept only.

The point (2.60, 0) is on the graph.

The graph decreases from left to right.

The graph increases from left to right.

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

The point (0, 2.60) is on the graph.