danniiiiiii danniiiiiii
  • 24-08-2016
  • Mathematics
contestada

over the course of 4 days the price of stock at ACME corporation fell $28. what was the average change in stock price per day?

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blondie345543
blondie345543 blondie345543
  • 29-08-2016
You have to divide 28 by 4. 
so the answer is: $7 per day
Answer Link
carlosego
carlosego carlosego
  • 31-08-2018

For this case, what we must do is divide the total price of the shares that fell between the number of days.

We have then:

[tex] R =\frac{28}{4}[/tex]

Making the corresponding calculation we have:

[tex] R = 7\frac{Dollars}{Day}   [/tex]

Therefore, the daily rate of change is $ 7 per day.

Answer:

the average change in stock price per day is $ 7 per day.

Answer Link

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