An investment was worth $2,451 in 1993. In 1998, its value was $5,046. Find and interpret the average rate of change in value per year.

Holt Mcdougal Larson Pre-algebra: Student Edition 2012
1st Edition
ISBN:9780547587776
Author:HOLT MCDOUGAL
Publisher:HOLT MCDOUGAL
Chapter7: Percents
Section7.5: Percent Of Change
Problem 15E
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An investment was worth $2,451 in 1993. In 1998, its value was $5,046. Find and interpret the average rate of change in
value per year.
O A. The average rate of change is 2,451. This means that the value of the investment increased by $2,451 per year
during these years.
OB.
The average rate of change is 519. This means that the value of the investment increased by $519 per year during
these years.
O C.
The average rate of change is 7,641. This means that the value of the investment increased by $7,641 per year
during these years.
O D. The average rate of change is 519. This means that the value of the investment decreased by $519 per year during
these years.
Transcribed Image Text:An investment was worth $2,451 in 1993. In 1998, its value was $5,046. Find and interpret the average rate of change in value per year. O A. The average rate of change is 2,451. This means that the value of the investment increased by $2,451 per year during these years. OB. The average rate of change is 519. This means that the value of the investment increased by $519 per year during these years. O C. The average rate of change is 7,641. This means that the value of the investment increased by $7,641 per year during these years. O D. The average rate of change is 519. This means that the value of the investment decreased by $519 per year during these years.
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