A bank charges a fee on savings accounts that are inactive for an extended period of time. The equation y=7500(0.97)^x represent
s the value,y, of one account that was left inactive for a period of x years. What is the y-intercept of the equation and hwat does it represent
2 answers:
Answer:
7500, the amount of money in the account initially
Step-by-step explanation:
The y-intercept is 7500 and it represents when the account is still active or have been inactive for 0 years.
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