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If a new car is valued at ​$16200 and 7 years later it is valued at ​$​5000, then what is the average rate of change of its value during those 7 ​years?

Respuesta :

The average rate of change of the car's value over 7 years is approximately $1286.36 per year.
Average rate of change formula:
y2-y1/x2-x1
Plug in the values into the average rate of change formula above:
(16,200-5,000)/(7-1)= 11,200/6= 1,866.67
Final answer approx: 1,866.67

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