document.write( "Question 47587This question is from textbook Beginning Algebra
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document.write( ": Need help solving these kind of problems. Once I am shown how to work this type, I will be able to work the rest.\r
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document.write( "The electricity costs of a business decreased from $12,000 one year to $10,920 the next. What is the rate of decrease?\r
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document.write( " Can someone show me how to set up the problem to get the solution.\r
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document.write( "Thank You\r
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Algebra.Com's Answer #31421 by Nate(3500) ![]() You can put this solution on YOUR website! The time it took to decrease the electricity cost is one year. \n" ); document.write( "(12000,0) and (10920,1) \n" ); document.write( "Now, find slope: \n" ); document.write( "M = (y2 - y1)/(x2 - x1) = (12000 - 10920)/(0 - 1) = -1080 \n" ); document.write( "1080/12000 = 0.09 = 9% \n" ); document.write( "The Rate of Decrease: 9% \n" ); document.write( "Check: 9% of 12000 is 1080 .... 12000 - 1080 = 10920 \n" ); document.write( " |