Calculate the simple interest paid on a loan of $544 at 3% for three months.
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Answer:
The rate of change between (1, 5) and (0, -3) would be 8.0.
Step-by-step explanation:
"What is the rate of change between these two points" is the same as asking "what is the slope between these two points".
We are given the two points (1, 5) and (0, -3) and we are asked to find the rate of change (slope) between these two points. To do this, we could use the slope formula to find the rate of change between the two points. The slope formula is:
where (x₂, y₂) and (x₁, y₁) are the two points that we are trying to find the slope between.
Lets make (x₂, y₂) = (1, 5) and (x₁, y₁) = (0, -3). (It does not matter which is (x₂, y₂) and which is (x₁, y₁)). Now plug (x₂, y₂) = (1, 5) and (x₁, y₁) = (0, -3) into the equation:
8 = 8.0, so the answer would be 8.0.
The rate of change between the two points would be 8.0.
I hope you find my answer helpful. :)