Problema Solution
Can you please explain.On January 1, a company had $365,800 in its account. On June 1, the company had $215,400 in its account. If the amount in the company’s account changed by an equal amount each month, find the rate of change. Give your answer in dollars per month. I have been trying to figure this out for ever.
Answer provided by our tutors
let
x = the equal amount of change per month
Between January 1 till June 1 there are 5 months thus the total change will be 5x
5x = 365,800 - 215,400
5x = 150,400 divide both sides by 3
x = $30,080
the rate of change is $30,080 per month.