A credit card company reported that during one decade, its average cardholder's credit card balance rose 166%. Find the average rate of change in the credit card balance from 1992 to 2002. Credit Card Debt 10,000- 8560 The average rate of change over the 10-year period was $ (Round to the nearest cent as needed.) per year. 8000- 6000- 4000- 13220 2000 ON 1992 1994 1996 1998 20o00 2002 Year

A credit card company reported that during one decade, its average cardholder's credit card balance rose 166%. Find the average rate of change in the credit card balance from 1992 to 2002. Credit Card Debt 10,000- 8560 The average rate of change over the 10-year period was $ (Round to the nearest cent as needed.) per year. 8000- 6000- 4000- 13220 2000 ON 1992 1994 1996 1998 20o00 2002 Year

Algebra and Trigonometry (6th Edition)

6th Edition

ISBN:9780134463216

Author:Robert F. Blitzer

Publisher:Robert F. Blitzer

ChapterP: Prerequisites: Fundamental Concepts Of Algebra

Section: Chapter Questions

Problem 1MCCP: In Exercises 1-25, simplify the given expression or perform the indicated operation (and simplify,...

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Question

A credit card company reported that during one decade, its average cardholder's credit card balance rose 166%. Find the
average rate of change in the credit card balance from 1992 to 2002.
Credit Card Debt
10,000-
8560
The average rate of change over the 10-year period was $
(Round to the nearest cent as needed.)
per year.
8000-
6000-
4000-
3220
2000-
->
1992 1994 1996 1998 2000 2002
Year
Print
MacBook Air

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