We have to convert 2% in to a decimal then multiply it into the x-value which is the months with the addition of 500 because that is the start value.If you were to graph this it would be a linear fuction, y=0.2x+500. The rate of change is found by slope, so rise over run. taking 2 points on the graph and do this
(y 2-y 1)/(x 2-x 1) and graph the equation and get two of the points and find the slope for the rate of change.
One of the very nice features of the metric system of measurements is that there is a set of standardized prefixes that can be applied to any of the units. Some of the more common ones are
.. micro- . . . one millionth
.. milli- . . . . one thousandth
.. centi- . . . .one hundredth
.. kilo- . . . . .one thousand
Thus, one millimeter is 1/1000 = 0.001 meter. There are 1000 of them in 1 meter, so
.. 16 m = 16000 mm
Take 2 points: (0, 70) (30, 80)
SLOPE FORMULA: y2 -y1 / x2 - x1
y2 - y1: 80 - 70 = 10
x2 - x1: 30-0 = 30
10 / 30
simplify: 1/3
This is a PROPER FRACTION