The town of Frostbite Falls records its population at the end of a given year as 70,000. After 1 year the population increases by 2.4%. After the next year, the population again increases by 2.4% and the pattern continues each year. What is the y-intercept of the exponential function that models this growth?(1 point)
Responses
The y-intercept is (0, 70000)
The y-intercept is (0, 70000)
The y-intercept is (70000,0)
The y-intercept is open paren 70000 comma 0 close paren
The y-intercept is (0, 0)
The y-intercept is (0, 0)
The y-intercept is (0, 2.4)
The y-intercept is (0, 2.4)