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In Mathematics / Middle School | 2014-11-05

The price of one share of stock in BadInvestment.com plunged 14 points in 4 weeks. Find the average change in the stock price per day.

Asked by Marvin

Answer (2)

so it decreased 14 points in 4 weeks or 28 days
so the avarage change per day is 14/28 or 1/2 or 0.5 change per day

Answered by apologiabiology | 2024-06-10

The average change in the stock price per day is a decrease of 0.5 points. This decrease occurs over a period of 28 days, as the stock lost 14 points in total. Therefore, the calculation indicates how much the stock price declines on a daily basis.
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Answered by apologiabiology | 2024-09-27

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