Solve the Problem $\$ 2857$ In Year 0, the Initial Investment Year

question 264

Multiple Choice

Solve the problem.
-An investment is worth $\$ 2857$ in year 0, the initial investment year. By year 4 its value has increased to $\$ 3373$ . 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) - \(\$ 129\) per year; the value of the investment decreases by \(\$ 129\) per year during these years.
• B) \(\$ 2857\) per year; the value of the investment increases by \(\$ 2857\) per year during these years.
• C) \(\$ 129\) per year; the value of the investment increases by \(\$ 129\) per year during these years.
• D) \(\$ 3889\) per year; the value of the investment increases by \(\$ 3889\) per year during these years.

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