SOLUTION: HI please help me with tis problem.Thanks for any help on my way. THe price of a loaf of bread increased from $1.45 in 2003 to $1.78 in 2006.What is the average price of increa

Algebra ->  Linear-equations -> SOLUTION: HI please help me with tis problem.Thanks for any help on my way. THe price of a loaf of bread increased from $1.45 in 2003 to $1.78 in 2006.What is the average price of increa      Log On


   

Question 105404: HI
please help me with tis problem.Thanks for any help on my way.
THe price of a loaf of bread increased from $1.45 in 2003 to $1.78 in 2006.What is the average price of increase per year?
Answer by checkley75(3666) About Me  (Show Source):
You can put this solution on YOUR website!
PROBLEM 105415 IS NOT ON THE TODO LIST. SOMEONE MUST HAVE SOLVED IT.
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1.78-1.45=.33
OR THE .33 INCREASE OCCURED OVER 3 YEARS THUS:
.33/3=$.11 IS THE AVERAGE INCREASE PER YEAR.