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Dg Select one 12 18 31 Exponential Functions and Equations Question 3 The amount of money in Tomas s bank accoun follows the equation y

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Dg Select one 12 18 31 Exponential Functions and Equations Question 3 The amount of money in Tomas s bank accoun follows the equation y 5000 1 1 where t is a unit of 2 years Which equation represents the approximate monthly interest rate 18 O y 5000 9 850 Z O y 5000 1 004 O y 5000 9 850 24 O y 5000 1 004 24t 24

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