Westonci.ca is the ultimate Q&A platform, offering detailed and reliable answers from a knowledgeable community. Experience the convenience of getting accurate answers to your questions from a dedicated community of professionals. Connect with a community of professionals ready to provide precise solutions to your questions quickly and accurately.

fair market value rent rate 630 in 2013 and 551 and in 2003 find the rate of change during the time

Sagot :

72781

The goal here is to find the slope, so we have to use the slope formula.

Slope formula: Change in y's/ Change in x's

Your "Y" in this scenario would be the years and the "X" would be the cost in a certian year.

So, 2013 - 2003 / 630 - 551 = 10 / 79 = .79

$0.79 per year increase.