Given the expression 35 (1 - 0.40)^2x, determine the percent rate of change. 40% 36% 64% 60%A painting valued at $25,000 was purchased by an art collector. The function p(t) = 25,000 (1.09)t models the value of the painting, p(t), in dollars, after a given number of years, t. What is the percent rate of change, and how is it interpreted in the context of the problem? The percent rate of change is 9%, which means the value of the painting increases by 9% per year. The percent rate of change is 9%, which means the value of the painting decreases by 9% per year. The percent rate of change is 91%, which means the value of the painting increases by 9% per year. The percent rate of change is 91%, which means the value of the painting decreases by 9% per year