What is the rate of something?

Answer 1

The rate of something typically refers to a measure or quantity that expresses how one variable changes in relation to another over a specific period or under certain conditions. For example, in finance, it could refer to the interest rate, which indicates the cost of borrowing money over time. In physics, it might describe the rate of speed, denoting how fast an object moves. Essentially, it provides a way to quantify change or comparison between two elements.