In 2009, John bought a new boat for $26,500. The boat was worth $20,500 in the year 2012. if John knows that the value of the boat depreciated linearly, what was the
annual rate of change of the boat's value? Round your answer to the nearest hundredth if necessary

[tex](\stackrel{x_1}{2009}~,~\stackrel{y_1}{26500})\qquad (\stackrel{x_2}{2012}~,~\stackrel{y_2}{20500}) \\\\\\ \stackrel{slope}{m}\implies \cfrac{\stackrel{rise} {\stackrel{y_2}{20500}-\stackrel{y1}{26500}}}{\underset{run} {\underset{x_2}{2012}-\underset{x_1}{2009}}}\implies \cfrac{-6000}{3}\implies -2000[/tex]

In 2009, John bought a new boat for $26,500. The boat was worth $20,500 in the year 2012. if John knows that the value of the boat depreciated linearly, what was the annual rate of change of the boat's value? Round your answer to the nearest hundredth if necessary

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In 2009, John bought a new boat for $26,500. The boat was worth $20,500 in the year 2012. if John knows that the value of the boat depreciated linearly, what was the
annual rate of change of the boat's value? Round your answer to the nearest hundredth if necessary