Top Posters
Since Sunday
g
3
2
1
Home Q & A Board Other Fields Homework Help Business
New Topic  
lelebaby lelebaby
wrote...
Go to Answer
12 years ago
The price of regular unleaded gasoline in January 1997 was $1.26, and in January 2006, the price of regular unleaded gasoline was $2.31 (?Consumer price index,? 2006). Use the coordinates (1997, 1.26) and (2006, 2.31) to find the slope, or rate of change, between the two points. Describe how you arrived at your answer.
Read 468 times
2 Replies
Replies
wrote...
#1
12 years ago
Slope = (y2-y1)/(x2-x1)
(1997,1.26) (2006,2.31)

Slope = (2.31-1.26)/(2006-1997)

= 1.05/9

= .1166

Or approx. .12 .  This represents an increase of $1.05 over 9 years, which is about .12 dollars or
12 cents per year

Hoping this helps!
Answer accepted by topic starter
finalgurl90finalgurl90
wrote...
#2
Posts: 13
Rep: 0 0
12 years ago
Sign in or Sign up in seconds to unlock everything for free
1

Related Topics
New Topic      
Quick Reply
Bold
Italic
Underline
Strikethrough
Subscript
Superscript
Insert Math Equation
Font Name
Font Color
Align left
Center
Align right
Bullet list
Numbered list
Insert a horizontal rule
Insert a table
Insert a Quote
View source
Explore
Post your homework questions and get free online help from our incredible volunteers
  969 People Browsing
Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook
Related Images
  
 447
  
 553
  
 457
Your Opinion
Previous poll results: Should Ph.D.'s be addressed as doctors?