Mathematics, 17.04.2020 18:16, catzilla

1.) Some banks charge a fee on savings accounts that are left inactive for an extended period of time. The equation y = 5000 * (0.98) ^ x represents the value, y of one account that was left inactive for a period of x years .
a. What was the initial amount of money that was left in this savings account?
b. What is the percent of change each year in this savings account?

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1.) Some banks charge a fee on savings accounts that are left inactive for an extended period of tim...