Which statement describes the bond? The table shows the value of a savings bond that doubles
on value after 5 years.
Savings Bond Value
Time since purchase
(years)
1
2
3
4
5
Value
(dollars)
57.50
66.13
76.04
8745
100.57
O The bond has an original value of $57.70 and grows at a
rate of 15%.
O The bond has an original value of $57.50 and grows at a
rate of 85%.
O The bond had an original value of $50 and grows at a
rate of 15%.
O The bond has an original value of $50 and grows at a
rate of 85%.