Find the Average Rate of Change Illustrated in the Graph

question 212

Multiple Choice

Find the average rate of change illustrated in the graph.
-An investment is worth $3578 in year 0, the initial investment year. By year 4 its value has increased to $4262. Let y be the value of the investment in the year x. Find and interpret the
Average rate of change in value per year.

• A) $3578 per year; the value of the investment increases by $3578 per year during these years.
• B) $171 per year; the value of the investment increases by $171 per year during these years.
• C) $4946 per year; the value of the investment increases by $4946 per year during these years.
• D) -$171 per year; the value of the investment decreases by $171 per year during these years.

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Definitions:

Promise

A declaration or assurance that one will do something or that a particular thing will happen.

Material Breach

A significant violation of a contractual obligation that undermines the contract's purpose, giving the aggrieved party the right to terminate the agreement and seek damages.

Operation of Law

Operation of law refers to rights or duties that are automatically assigned to a person by virtue of legal rules, rather than by acts or agreements of the parties involved.

Examination Under Oath

A formal questioning process in a legal setting where the person being examined swears to tell the truth.