Question

In 2002, the company Math-Is-So-Easy made a profit 1.3 million dollars. In 2007, the company made a profit of 2.6 million dollars. Find the rate of change in dollars per year of the companies profit.

Answer 1

The rate of change in the company's profit from 2002 to 2007 was $260,000 per year, calculated by dividing the total profit increase of $1.3 million over the 5-year period.

Step-by-step explanation:

To find the rate of change in dollars per year of the company's profit, we use the formula:

Rate of Change = (Change in Value) / (Change in Time)

The profit in 2002 was $1.3 million, and the profit in 2007 was $2.6 million. Thus, the change in value is $2.6 million - $1.3 million = $1.3 million. The time period between 2002 and 2007 is 5 years.

Now we can calculate the rate of change:

Rate of Change = $1.3 million / 5 years = $0.26 million per year

This means the company's profit increased by an average of $260,000 per year from 2002 to 2007.

Answer 2

subtract 2.6M with 1.3M 2.6-1.3=1.3M they add from the profit