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A library has an initial late fee of $0.50 cents and charges an additional $0.05 per day. What is the rate of change?

User Xitter
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Answer:


Rate = \$0.05

Explanation:

Given


Base\ Amount = \$0.50


Additional = \$0.05

Required

Determine the rate of change.

From the given parameters, we understand that the on a daily basis, there's a charge of $0.05.

This charge represent the rates at which the fee changes on a daily basis.

Hence:


Rate = \$0.05

User Nimesh Patel
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