Find the Average Rate of Change Illustrated in the Graph

question 186

Multiple Choice

Find the average rate of change illustrated in the graph.
-A school has just purchased new computer equipment for $16,000.00. The graph shows the 259) depreciation of the equipment over 5 years. The point (0, 16,000) represents the purchase price and
The point (5, 0) represents when the equipment will be replaced. Find and interpret the average rate
Of change in cost per year.

• A) $3200 per year; the value of the equipment increases by $3200 per year during these years.
• B) - $3200 per year; the value of the equipment decreases by $3200 per year during these years.
• C) -$16,000 per year; the value of the equipment decreases by $16,000 per year during these years.
• D) -$9600 per year; the value of the equipment decreases by $9600 per year during these years.

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Definitions:

Sublet

The act of leasing an apartment or house from a tenant rather than directly from the landlord or property owner.

Mortgage

A loan taken out by people to purchase a house.

Co-op

A cooperative, which is an organization owned and operated by its members who share the benefits.

Cooperative Corporation

A business entity owned and operated by a group of individuals for their mutual benefit, where profits and earnings are distributed among the members.