Answer:
(0, 5000)
The value of the account at the start of the year is 5000
Step-by-step explanation:
Given the equation that represents the value, y, of one account that was left inactive for a period of x years as;
y = 5000(0.98)^x
The y-intercept of the equation occurs at x = 0
Substitute x = 0 into the expression
y = 5000(0.98)^0
y = 5000(1) (any value raise to power of zero is 1)
y = 5000
Hence the y intercept is (0, 5000)
This means that the value of the account at the start of the year is 5000
