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Mathematics, 13.03.2021 01:00, kutemigos9211
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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. what is the y intercept of this equation and what does it represent?
a) 0.98 the percent of money in the account initially
b) 0.98 the percent of money in the account after x years
c) 5000 the amount of money in the account initially
d) 5000 the amount of money in the account after x years
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Answers: 1
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some banks charge a fee on savings accounts that are left inactive for a...
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