The equation y = 3.52 - 4.7 models a business's cash value in thousands of dollars, x years after
the business changed its name.
Which statement best explains what the y-intercept of the equation means?
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The business lost $4700 every 3.5 years.
The business lost $4700 every year before it changed names
The business was $4700 in debt when the business changed names.
The business lost $4700 every year after it changed names.