Solve the problem.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 decreases by $475 per year during these years.
B. $475 per year; the value of the investment increases 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.
Answer: B
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A. +
i
B. - +
i
C. - +
i
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