Question 57366: Can someone help me with this dreaded word problem/slope problem.
Thanks!
A small business predicts sales according to straight-line method. if sales were $50,000 the first year and $110,000 in the third year, find the rate of growth in dollars per year. (the slope of the line).
Can someone help me with this dreaded word problem/slope problem.
Thanks!: A small business predicts sales according to straight-line method. if sales were $50,000 the first year and $110,000 in the third year, find the rate of growth in dollars per year. (the slope of the line).
Answer by stanbon(75887)   (Show Source):
You can put this solution on YOUR website! A small business predicts sales according to straight-line method. if sales were $50,000 the first year and $110,000 in the third year, find the rate of growth in dollars per year. (the slope of the line).
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slope =[110,000-50000]/[3-1]
slope = 60000/2
slope = 30000
Cheers,
Stan H.
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