kinneras71 kinneras71
  • 22-07-2021
  • Mathematics
contestada

The price of a litre of milk increased from $1.25 in 2004 to $1.35 in 2006. What is the average price increase per year?

Respuesta :

mathstudent55
mathstudent55 mathstudent55
  • 29-07-2021

Answer:

$0.05/year

Step-by-step explanation:

Number of years:

2006 - 2004 = 2

From 2004 to 2006 it's 2 years.

Difference in prices:

$1.35 - $1.25 = $0.10

Average change of price per year:

$0.10 / 2 years = $0.05/year

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