Question

Ava started a savings account with $500 after 6 months her savings account balance was $731 find the rate of change

Answer 1

31.60%

Explanation:

(731−500)÷731=0.3160

0.3160×100=31.60%

Hope it helps!

Answer 2

$38.50/mo

Explanation:

Rate of change = change in balance/time.

Change in balance = $731 - $500 = $231

Rate of change = $231/6 mo = $38.50/mo