An investment of $7000 was made 3 years ago. The following table was produced by tracking the value of the investment at the end of each year. Year Value of Investment 0 7 000.00 1 7 378.00 2 7 776.41 3 8 196.34 This data can be modelled by an exponential regression equation in the form y=a.by. The average annual rate of return on this investment, to the nearest tenth of a percent, is Select one: O a. 6.6% O b. 1.1% O c. 0.5% O d. 5.4%