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In 2014 a company had a profit of $420000. In 2019 it reported a profit of $1400000. Find the average rate of change of its profit for that period, expressed in dollars per year.
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In 2014 a company had a profit of $420000. In 2019 it reported a profit of $1400000.

Find the average rate of change of its profit for that period, expressed in dollars per year.

User Werthis
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1 Answer

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The change in profit from 2014 to 2019 is $1400000 - $420000 = $980000.

The time period is 2019 - 2014 = 5 years.

Therefore, the average rate of change in the company's profit is $980000 / 5 years = $<<980000/5=196000>>196000 per year.
User Mowwwalker
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