Which of the following equations could be used to predict the value, V(t), after t years, of a $1000 investment expected to appreciate by 5% each year?
A
V(t)=1000(0.5)t

B
V(t)=1000(1+0.5)t

C
V(t)=1000(0.05)t

D
V(t)=1000(1+0.05)t