1 Since birth Harold has had a savings account that has been growing at a rate of 1 per year The amount of money in the account

Question

1 Since birth Harold has had a savings account that has been growing at a rate of 1 per year The amount of money in the account can be modeled by the equation y P 1 01 where y is the value of the account and is the number of years and P was the original deposit amount How much money is in the account if Harold is 60 years old and the original deposit was 4000 O 6987 31 O 7575 06 O 7266 79 O 6553 25 OC M

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