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Mathematics, 01.04.2020 17:39 lee9724

Some banks charge a fee on savings accounts that are left inactive for an extended period of time. The equation represents the value, y=5,000(0.98 ) x y=5,000(0.98)x , 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?

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