If $500 was invested at an annual interest rate of 5.6% compounded annually, which of the following represents the amount the investment was worth after 3 years?	Choose one:
A) 500 (1.056)(3)
B) 500 (3+1.056)
C) 500 (1+3(0.056))
D) 500 (1.056)^3
E) 500 (1+(0.056)^3)
the formula is CI=P(1+r/100)^t   in this case i think 500 (1.056)^3 is the ans
<result>D</result>
If $500 was invested at an annual interest rate of 5.6% compounded annually, which of the following represents the amount the investment was worth after 3 years?