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43. As a newborn in 1928, Rose's grandparents gave her a $1000 in a savings account with a simple interest rate of 6% per
43. As a newborn in 1928, Rose's grandparents gave her a $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 x is the number of years. Which of the following dollar amounts is reasonable given the bounds of the parameter?" $6,250,000 $3,490,000 $206,173,000 $59,000 There is no limit to the value of the account. EN English (United States)
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