To convert the rate from ounces per month to pounds per year, we can follow these steps:
- Convert ounces to pounds: There are 16 ounces in a pound.
- Convert months to years: There are 12 months in a year.
Now, we can set up the conversion:
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Convert 48 ounces to pounds: \[ 48 \text{ ounces} \times \frac{1 \text{ pound}}{16 \text{ ounces}} = 3 \text{ pounds} \]
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Convert months to years for the equivalent yearly rate: \[ 3 \text{ pounds per month} \times 12 \text{ months/year} = 36 \text{ pounds per year} \]
Putting it all together, the equivalent rate is: \[ 48 \text{ ounces/month} = 36 \text{ pounds/year} \]