Question

Connor bought a baseball card eight years ago that has depreciated (goes down in value) by $120 since he purchased it. Find the average yearly change in value of the card.

Answer 1

The average yearly change in the value of the card is $15 every year.

Explanation:

Average Change

The change in the value of the baseball card bought by Connor was $120 in 8 years.

The average yearly change in value is calculated as:

Avg Change=$120 / 8 years = 15 $/yr

The average yearly change in the value of the card is $15 every year.