Answer:
A) 442
B) 385.9
C) The value is not constant. It depreciates
Explanation:
Given the function
y = 16,000(0.985)^2t
A) the average rate of change from year 1 to year 5 will be
When t = 1
y = 16,000(0.985)^2(1)
y = 15523.6
When t = 5
y = 16,000(0.985)^2(5)
y = 13755.69
Rate of change = (15523.6-13755.69) ÷ 4
Rate of change = 1767.91/4
Average of change = 442.0
B) the average rate of change from year 5 to year 10 will be
When t = 5
y = 16,000(0.985)^2t
y = 16,000(0.985)^2(5)
y = 13755.69
When t = 10
y = 16,000(0.985)^2(10)
y = 11826.18
Average rate of change
= (13755.69 - 11826.18) ÷ 5
= 1929.51/2
= 385.9
C) The value is not constant. It depreciates