Connor bought a baseball card eight years ago that has depreciated by $120 since he purchased it. Find the average yearly change in value of the card.

Respuesta :

Answer:

The average yearly change in the value of the card is $15/year

Step-by-step explanation:

Here in this question, we are interested in calculating the average yearly change in the value of the card.

From the question, we can see that the value of the baseball card has depreciated by $120, thus we simply want to calculate the average yearly charge in the card value.

Mathematically, that would be ;

the total depreciation value/ number of years

From the question, the total depreciation value is $120 while the number of years is 8

Thus; the average yearly change in value of the card = 120/8 = $15/year