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A bank charges a fee on savings accounts that are inactive for an extended period of time. The equation y=7500(0.97)^x represents the value,y, of one account that was left inact…

A bank charges a fee on savings accounts that are inactive for an extended period of time. The equation y=7500(0.97)^x represents the value,y, of one account that was left inact…
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A bank charges a fee on savings accounts that are inactive for an extended period of time. The equation y=7500(0.97)^x represents 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

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User FFinn
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The y-intercept is 7500 and it represents when the account is still active or have been inactive for 0 years.
answered
User Cecilia Chan
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6 votes

Answer:

7500, the amount of money in the account initially

Explanation:

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User Xearinox
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Y=7500(0.97)^x. What is the y-intercept of the equation and what does it represent?
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