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Deanna R
Answers (1)
y = 60(1 + 0.04)^x = 60 * 1.04^x At the y-intercept, x = 0: y = 60 * 1.04^0 y = 60 * 1 y = 60 Therefore the y-intercept is 60. In order to see how much he'll have in his account after 8 years you must substitute 8 into the equation. y = 60 * 1.04^8 y = 60
