Final answer:
To find the value rate in 2005, you need to calculate the total increase by multiplying the number of years by the increase per year and then add it to the initial value rate.
Step-by-step explanation:
The increase in the value rate from 2005 is $8.50 per year. To find the value rate in 2005, we need to calculate the total increase by multiplying the number of years by the increase per year and then add it to the initial value rate.
2005 Value Rate = $154 + (Increase per year x Number of years)
Let's say the number of years is n, the formula becomes:
2005 Value Rate = $154 + ($8.50 x n)
Now you can substitute the value of n to find the value rate in 2005.