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 with explanation:

Let the Initial Interest rate = x

It is given that each month Interest rate decreases by point.

A.→ Expression which  represent the total change of rates over the last six months

Let total change of rate over the last six month= y

B.→

Total Change

2 and 1.

step-by-step explanation:

plug in each answer. 0 doesn't work, 1 does. so does 2. 4 doesn't:

0 = 1 is not true.

2 = 2 is true.

4 = 4 is true.

8 = 16 is not true.

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