Question

Interest rates have dropped steadily over the last six months. Each month they have decreased by 1/4 point.
A. Write an expression to represent the total change of rates over the last six months.
B. Find the total change. Make sure to express your answer as a mixed number in lowest terms.

Answer 1

Answer:

FOR A: $y=-1.5x$

FOR B: $\frac{-x}{2}$

Step-by-step explanation:

A: Each month Interest rate decreases by $\frac{1}{4}$ point.

B: Simplification

I honestly really hope this helps you!