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2 years ago

Please help thank you

Mathematics

1 answer:

Allushta [10]2 years ago

6 0

The average rate of change of credit card is $ 401.79 /year.

<h3>What is Average Rate?</h3>

A single rate that is a weighted average of the different rates that are applicable to property in various locations.
An average is a single number calculated as the average of a set of numbers, typically calculated as the sum of the numbers divided by the total number of numbers in the set (the arithmetic mean).

<u>Solution</u>

The difference of credit card debt between the year 2006 and 1992 = 8900 - 3275 = $5625

The difference of years between the year 2006 and 1992 = 2006 - 1992 = 14

average rate of change of credit card debt with respect to time = $\frac{difference of credit card debt}{difference of years}$

average rate = $\frac{5625}{14}$ = $ 401.79 / year

know more about average numerical brainly.com/question/18296887

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from the given statement we can see that question demand is about the opposite values. so

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