Find the Average Rate of Change Illustrated in the Graph $\$ 475$

question 54

Multiple Choice

Find the average rate of change illustrated in the graph.
-An investment is worth $3539 in year 0, the initial investment year. By year 3 its value has increased to $4964. 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) \(\$ 475\) per year; the value of the investment increases by \(\$ 475\) per year during these years.
• B) \(- \$ 475\) per year; the value of the investment decreases by \(\$ 475\) per year during these years.
• C) \(\$ 3539\) per year; the value of the investment increases by \(\$ 3539\) per year during these years.
• D) \$6389 per year; the value of the investment increases by \(\$ 6389\) per year during these years.

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Definitions:

Quantity Flexibility Contract

An agreement between a buyer and a supplier that allows the buyer to adjust order quantities based on actual demand within certain limits.

Revenue-sharing Contract

A type of agreement where the profits generated by a business or project are distributed among the partners or investors based on a predetermined formula.

Minimal Amount

The least or smallest quantity or degree attainable or required in a specific context.

Design Phase

represents the initial stage in the development of a product or system, focused on determining specifications, features, and functionalities.