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After college graduation Sheena was offered two different jobs. The first offer included a salary of $37600 plus a guaranteed raise of $1500 per year. The second offer included a salary of $33700 plus a guaranteed raise of 7% per year.
What is the average rate of change for the function defined by the second job offer for year 1 to year 5? (Rounded to the nearest hundredths)
Debt Financing
The process of raising capital through borrowing money, which must be repaid with interest.
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