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In the year 2009, Chris's motorcycle had a value of $16,000$16,000. When he bought the motorcycle in 2007 he paid $26,000$26,000. If the value of

In the year 2009, Chris's motorcycle had a value of $16,000$16,000. When he bought the motorcycle in 2007 he paid $26,000$26,000. If the value of the motorcycle depreciated linearly, what was the annual rate of change of the motorcycle's value? Round your answer to the nearest hundredth if necessary.

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