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The graph in the \\[yI\\]-plane shows the interest rate percentage, \\[I\\], one can expect for a savings account lasting \\[y\\] years up to a maximum of \\[\(10\)\\] years. Accounts lasting for less than \\[\(1\)\\] year are short-lived and accounts lasting for more than \\[\(5\)\\] years are long-lived. What is the significance of the \\[I\\]-intercept?\(\newline\)A) The interest rate for a savings account lasting \(0\) years.\(\newline\)B) The interest rate for a savings account lasting \(1\) year.\(\newline\)C) The interest rate for a savings account lasting \(5\) years.\(\newline\)D) The interest rate for a savings account lasting \(10\) years.

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Write exponential functions: word problems

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Q. The graph in the \\[yI\\]-plane shows the interest rate percentage, \\[I\\], one can expect for a savings account lasting \\[y\\] years up to a maximum of \\[\(10\)\\] years. Accounts lasting for less than \\[\(1\)\\] year are short-lived and accounts lasting for more than \\[\(5\)\\] years are long-lived. What is the significance of the \\[I\\]-intercept?\(\newline\)A) The interest rate for a savings account lasting \(0\) years.\(\newline\)B) The interest rate for a savings account lasting \(1\) year.\(\newline\)C) The interest rate for a savings account lasting \(5\) years.\(\newline\)D) The interest rate for a savings account lasting \(10\) years.

Identify the $I$ -intercept: Identify the $I$ -intercept on the graph. $\newline$ The $I$ -intercept is where the graph crosses the $I$ -axis.
Determine value of $I$ -intercept: $\newline$ Step $2$ : Determine the value of the $I$ -intercept. $\newline$ The $I$ -intercept occurs when $y = 0$ .
Interpret the $I$ -intercept: $\newline$ Step $3$ : Interpret the $I$ -intercept. $\newline$ The $I$ -intercept represents the interest rate percentage for a savings account at $0$ years.
Check for math errors: $\newline$ Step $4$ : Check for any math errors. $\newline$ No calculations were needed, so no math errors.

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