The value of an investment of $500 over t years is represented by the expression 500(1.06)t. What is the percentage of interest earned yearly for this investment? #1. 500% #2. 106% #3. 6% #4. 0.06% - QAmmunity.org

The value of an investment of $500 over t years is represented by the expression 500(1.06)t. What is the percentage of interest earned yearly for this investment? #1. 500% #2. 106% #3. 6% #4. 0.06%

asked Mar 21, 2021 23.0k views

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