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What is the rate of change in the price of the washer-and-dryers between Week1 and Week5?

What is the rate of change in the price of the washer-and-dryers between Week1 and-example-1
User MSalters
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1 Answer

2 votes

Answer:

-$11.45/week

Explanation:

The rate of change in washer price would be determined by the formula below:

Rate of Change = (Price in Week 5 - Price in Week 1)/(5th Week - 1st Week)

So, the Final Price (Week 5) = $694.99

Initial Price (week 1) = $740.79

From Week 1 to Week 5 is 4 weeks passed.

Putting into formula:

Rate of Change = (694.99 - 740.79) /4 = -$11.45/week

User Sambi Reddy
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