Westonci.ca makes finding answers easy, with a community of experts ready to provide you with the information you seek. Ask your questions and receive detailed answers from professionals with extensive experience in various fields. Connect with a community of professionals ready to help you find accurate solutions to your questions quickly and efficiently.

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)