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3 years ago

13

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%

2 answers:

kari74 [83]3 years ago

5 0

the answer is C. 6% i just took the assignment.

tatyana61 [14]3 years ago

4 0

Answer:

It is 0.6%

Step-by-step explanation:

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