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price of gasoline in 2000 was $1.51. in 2016 the average price was $2.14. find and interpret the average rate of change in the price of a gallon of gasoline per year in the nearest tenth. please show work​

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Luv2Teach

Answer:

Step-by-step explanation:

The average rate of change is the same thing as the slope between the 2 points created by that data.  The first coordinate is (2000, 1.51) and the second coordinate is (2016, 2.14).  Applying the slope formula:

[tex]m=\frac{2.14-1.51}{2016-2000}=.04[/tex]

This means that the cost of gas rose an average of 4cents per year.

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