Question

The balance of an investment after x years is modeled by v(x) =100(1.06x ) thousand dollars. The growth rate of the investmentbalance at year 10 is about:

a) $13.5 thousand/year

b) $9.7 thousand/year

c) $10.4 thousand/year

d) $179.1 billion/year

e) $100.2 million/year