Question

In 1999, a company had a profit of $173,000. In 2005, the profit was

$206,000. If the profit increased by the same amount each year, find the
rate of change of the company's profit in dollars per year. *
$5,500
$4,004
$379,000
$33,000
O $102.74

Answer 1

• A. $5500

Explanation:

The difference of years:

• 2005 - 1999 = 6

The difference in profit over 6 years:

• 206000 - 173000 = 33000

Average rate of change:

• 33000/6 = 5500

Answer 2

It has been 6 years,

The main difference in profit over 6 years between 1999 and 2005 is,

→ 206000 - 173000

→ 33000

Then the average rate of change is,

→ 33000/6

→ 5500

Hence, $ 5500 is the correct option.