Question

The price per share of Envx stock is dropping at a rate of $1.45 each hour write the rate as a negative number

Answer 1

Answer:

$-1.45$ per hour.

Step-by-step explanation:

We have been given that the price per share of Envx stock is dropping at a rate of $1.45 each hour. We are asked to write the rate as a negative number.

Since the price is dropping each hour at a rate of $1.45 per hour, this means that stocks are decreasing at a rate of $1.45 per hour.

The negative rate would be $-1.45$ per hour.

Answer 2

Let x be the opening stock, y be the closing stock and h be the number of hours.

Then, y = x - 1.45h

Here, - 1.45 refers to the decrease rate per hour.