If $2000 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) 2000 (1.056)(3)	B) 2000 (1.056)^3	C) 2000 (1+3(0.056))	D) 2000 (1+(0.056)^3)	E) 2000 (3+1.056)
the formula is CI=P(1+r/100)^t   in this case i think 2000 (1.056)^3 is the ans
<result>B</result>
If $2000 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?