On January 4, 1987 the price of a stembolt was $95.54. On January 4, 2001 the price of a stembolt was $12.14. Find the average rate of change in the price of a stembolt from 1987 to 2001. Round to the nearest cent.

The average rate of change is $LaTeX: \displaystyle \frac{12.14-95.54}{2001-1987}= -5.96$ dollars per year.