An investment club has had an average rate of return of 15% per year for the past 6 years. If Teresa invests $1000 today and neither adds nor subtracts money from the club, how much will Teresa have invested after 5 years assuming that the rate of return does not change?
A.1000+1.155
B.1000(1.15)5
C.1000+0.15
D.1000(0.15)5
E.1000(5)0.15$
我的答案:
An investment club has had an average rate of return of 15% per year for the past 6 years. If Teresa invests $1000 today and neither adds nor subtracts money from the club, how much will Teresa have invested after 5 years assuming that the rate of return does not change?