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Answer :
The given equation y = 12.5x correctly models the situation where Craig bought 5 boxes of nails for $62.50.
We have,
The given equation y = 12.5x represents the relationship between the total cost of the nails (y) and the number of boxes purchased (x).
In this case,
Craig bought 5 boxes of nails for $62.50.
We can verify if this situation can be modeled by the equation.
Let's substitute the values into the equation:
y = 12.5x
y = 12.5 * 5
y = 62.5
The equation correctly models the situation, as the total cost (y) of $62.50 matches the amount Craig paid for the 5 boxes of nails.
Therefore,
The given equation y = 12.5x correctly models the situation where Craig bought 5 boxes of nails for $62.50.
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