At the beginning of the year, the number of books owned by a library was 10,000. Since then, it has grown by 1% each month.
Which expressions represent the number of books, in thousands, owned by the library 5 years later if it continues to grow at that rate?
A) 10x ((1+0.01)^12)^5
B) 10x(1+0.01^12) ^60
C) 10x (1.01)^5
D) 10x(1.01)^60
E) 10x (0.01)^60
.