I copier purchased new for $4800 depreciate in value $500 each year. What is the rate of change for this function?

1 answer

The rate of change for this function can be calculated by dividing the change in the value by the change in time. In this case, the value of the copier is depreciating by $500 each year.

Rate of change = Change in value / Change in time
Rate of change = -$500 / 1 year
Rate of change = -$500/year

Therefore, the rate of change for this function is -$500/year, indicating that the value of the copier is decreasing by $500 annually.