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4 votes
2. Over a 3 month period the price of a new album steadily increased from

$10 to $18 due to demand. What was the monthly multiplier? Round to the

User Dudewad
by
7.3k points

1 Answer

5 votes

Answer:
2.67\ \$\ \text{per month}

Explanation:

Given

Price of album grows to
\$ 18 from
\$ 10

So, net increase in price
=18-10=\$ 8

for a period of 3 months

So, each month Price multiplies by


\Rightarrow (8)/(3)\ \$\text{per month}


\Rightarrow 2.67\ \$\ \text{per month}

User Kire Haglin
by
8.4k points

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