ADU
An investment banker invested $54,000 into an equity fund, which grows at a rate of 5.9% annuallyITH
This is represented by the function (m) 54,000(1.059)" where (m) presents the total yield
of the investment, and m is time in years. Which of the following statements provides a correct interpretation of the function. Select TWO that apply
A The yield increases by 5.9% annually
Os. The yield decreases by 5.9% annually
C. The increase is 1.059% annualy
The original investment is $54,000