Question

If a new car is valued at $29,600 and 9 years later it is valued at $8000, then what is the average rate of change of its value during those 9 years?

Answer 1

The average rate of change of the car's value over 9 years is $2,400 per year.

Step-by-step explanation:

To find the average rate of change of the car's value over 9 years, we need to calculate the change in value and divide it by the number of years. The change in value is $29,600 - $8,000 = $21,600. The average rate of change is therefore $21,600 / 9 = $2,400 per year.