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 yearl

Question

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%

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Calantha 1 year 2021-08-11T14:09:40+00:00 2 Answers 2 views 0

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    0
    2021-08-11T14:11:09+00:00

    Answer:

    It is 0.6%

    Step-by-step explanation:

    0
    2021-08-11T14:11:30+00:00

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

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