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Questions: Algebra BusinessCalculus
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On January 4, 1967 the price of a widget was $99.81. On January 4, 2001 the price of a widget was $63.77. Find the average rate of change in the price of a widget from 1967 to 2001. Round to the nearest cent.
The average rate of change is \(\displaystyle \frac{63.77-99.81}{2001-1967}= -1.06\) dollars per year.
\begin{question}On January 4, 1967 the price of a widget was \$99.81. On January 4, 2001 the price of a widget was \$63.77. Find the average rate of change in the price of a widget from 1967 to 2001. Round to the nearest cent.
\soln{9cm}{The average rate of change is $\frac{63.77-99.81}{2001-1967}= -1.06$ dollars per year.}
\end{question}
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\begin{document}\begin{question}(10pts) The question goes here!
\soln{9cm}{The solution goes here.}
\end{question}\end{document}<p> <p>On January 4, 1967 the price of a widget was $99.81. On January 4, 2001 the price of a widget was $63.77. Find the average rate of change in the price of a widget from 1967 to 2001. Round to the nearest cent.</p> </p>
<p> <p>The average rate of change is <img class="equation_image" title=" \displaystyle \frac{63.77-99.81}{2001-1967}= -1.06 " src="/equation_images/%20%5Cdisplaystyle%20%5Cfrac%7B63.77-99.81%7D%7B2001-1967%7D%3D%20-1.06%20" alt="LaTeX: \displaystyle \frac{63.77-99.81}{2001-1967}= -1.06 " data-equation-content=" \displaystyle \frac{63.77-99.81}{2001-1967}= -1.06 " /> dollars per year.</p> </p>