Elementary and Intermediate Algebra: Concepts & Applications (6th Edition)

Published by Pearson
ISBN 10: 0-32184-874-8
ISBN 13: 978-0-32184-874-1

Chapter 1-4 - Cumulative Review - Page 301: 38

Answer

It increases at .1 billion (or 100 million) dollars per year.

Work Step by Step

To find the rate of change of the retail loss due to theft, we use the equation for slope. Letting 2008 be time equals zero, we find: $$\quad \mathrm{Slope}=\frac{y_2-y_1}{x_2-x_1} \\ m=\frac{16.2-15.9}{3-0} \\ m=.1$$
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