Mathematics, 08.01.2021 01:30 braydentillery1221

Jennifer deposits $80 into an investment account with a rate of 4%, compounded annually. The equation y = 80(1 + 0.04)x can be used to determine the number of years, x, it takes for Jennifer’s balance to reach a certain amount of money, y. Jennifer graphs the relationship between time and money. What is the y-intercept of Jennifer’s graph? (0, 80)
(0, 0)
(80, 80)
(80, 0)

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Jennifer deposits $80 into an investment account with a rate of 4%, compounded annually. The equatio...