SOLUTION: Gary is spending money at the rate of $4 per day. By day 3, he has $47. What is the rate of change?

Algebra ->  Customizable Word Problem Solvers  -> Finance -> SOLUTION: Gary is spending money at the rate of $4 per day. By day 3, he has $47. What is the rate of change?       Log On

Ad: Over 600 Algebra Word Problems at edhelper.com


   



Question 920616: Gary is spending money at the rate of $4 per day. By day 3, he has $47. What is the rate of change?

Answer by jim_thompson5910(35256) About Me  (Show Source):
You can put this solution on YOUR website!
His rate of change is the amount of money he spends per day (assuming it stays the same). In this case, the rate of change is -4 dollars per day because he is losing this much per day.