What is the y-coordinate of the y-intercept for the exponential function y=75.4(1.08)^x

ANSWER

The y-coordinate for the y-intercept is 7.54

EXPLANATION

The y-intercept is the point at which the graph meets the y-axis.

At this point,the x-coordinate is 0.

The given function is

To find the y-intercept of this function, we just have to substitute x=0 into the function.

Note that, any non-zero number exponent 0 is 1.

Therefore

The y-intercept is