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The Amount in an Investment After T Years Is Given

Question 13

Multiple Choice

The amount in an investment after t years is given by thousand dollars Find the rate of change for the amount after 13 years and interpret the answer.

A) The rate of change is $64.62 thousand per year, which means the investment has increased by approximately $65 thousand every year for 13 years.
B) The rate of change is $64.62 thousand per year, which means the investment is increasing by approximately $65 thousand that year.
C) The rate of change is $32.51 thousand per year, which means the investment has increased by approximately $33 thousand every year for 13 years.
D) The rate of change is $32.51 thousand per year, which means the investment has increased by approximately $33 thousand that year.
E) The rate of change is $6.13 thousand per year, which means the investment has increased by approximately $6 thousand every year for 13 years.

Correct Answer: