Calculate the percent of change of the hamburgers price each decade, and use
your results to determine the average rate of change from 1960–2000.
1960 1970 1980 1990 2000
$0.15 $0.30 $0.50 $0.75 $0.89
well do it
like
1960 - 1970
100(.30-.15)/.15 = 100% (it doubled :)
1970 - 1980
100(.50-.30)/.30 = 67%
etc
then add them all up and divide by the number of them (4)
i dont get what you all say....
I don't understand.
percent increase
= 100(new price - old price)/( old price)
So what's the result of the average rate change?
100%
66.66%
50%
18.66%
58.83