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Questions: Algebra BusinessCalculus
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On January 4, 1973 the price of a sprocket was $32.31. On January 4, 2000 the price of a sprocket was $42.88. Find the average rate of change in the price of a sprocket from 1973 to 2000. Round to the nearest cent.
The average rate of change is \(\displaystyle \frac{42.88-32.31}{2000-1973}= 0.39\) dollars per year.
\begin{question}On January 4, 1973 the price of a sprocket was \$32.31. On January 4, 2000 the price of a sprocket was \$42.88. Find the average rate of change in the price of a sprocket from 1973 to 2000. Round to the nearest cent.
\soln{9cm}{The average rate of change is $\frac{42.88-32.31}{2000-1973}= 0.39$ dollars per year.}
\end{question}
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\soln{9cm}{The solution goes here.}
\end{question}\end{document}<p> <p>On January 4, 1973 the price of a sprocket was $32.31. On January 4, 2000 the price of a sprocket was $42.88. Find the average rate of change in the price of a sprocket from 1973 to 2000. Round to the nearest cent.</p> </p>
<p> <p>The average rate of change is <img class="equation_image" title=" \displaystyle \frac{42.88-32.31}{2000-1973}= 0.39 " src="/equation_images/%20%5Cdisplaystyle%20%5Cfrac%7B42.88-32.31%7D%7B2000-1973%7D%3D%200.39%20" alt="LaTeX: \displaystyle \frac{42.88-32.31}{2000-1973}= 0.39 " data-equation-content=" \displaystyle \frac{42.88-32.31}{2000-1973}= 0.39 " /> dollars per year.</p> </p>