Question:

43 As a newborn in 1928 Rose s grandparents gave her 1000 in

Last updated: 6/30/2023

43 As a newborn in 1928 Rose s grandparents gave her 1000 in

43 As a newborn in 1928 Rose s grandparents gave her 1000 in a savings account with a simple interest rate of 6 per year As Rose aged her gift grew and she withdrew the money so she could transfer it to her sister The growth of this account can be modeled by the equation y 1000 1 06 where y is the value of the account and is the number of years Which of the following dollar amounts is reasonable given the 24 bounds of the parameter O 6 250 000 O 3 490 000 O 206 173 000 O 59 000 O There is no limit to the value of the account EN English United States