Examples of rates in algebra

A rate is a special ratio in which the two terms are in different units. For example, if a 12-ounce can of corn costs 69¢, the rate is 69¢ for 12 ounces. ... When rates are expressed as a quantity of 1, such as 2 feet per second or 5 miles per hour, they are called unit rates.

Some examples of rate include cost rates, (for example potatoes cost R16,95 per kg or 16,95 R/kg) and speed (for example, a car travels at 60 km/h). When we calculate rate, we divide by the second value, so we are finding the amount per one unit.

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all group life insurance is term insurance. actually it is annual renewable term and it is rated on the average age and claims experience of the entire group, which is called "experience rating." remember, this type of insurance has a 31-day grace period and is convertible to whole life upon leaving employment. a contributory group plan requires that both the employer and the employees pay part of the premium. at least 75% of those eligible must participate, so the group is sure to get most of the healthy employees as well as those that are sick.

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