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Volgvan
3 years ago
15

The price of a stock decreased by 60 cents one week, decreased 10 cents the next week, and decreased another 20 cents the follow

ing week. What is the average change in the price of the stock over the three weeks? need to know right now ASAP!! –270 cents per week –90 cents per week –87 cents per week –30 cents per week
Mathematics
1 answer:
mel-nik [20]3 years ago
3 0

Hi there! Hopefully this helps!

----------------------------------------------------------------------------------------------------------

It <u>decreased by 30 cents</u> per week.

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

The average <em>rate of change</em> is calculated as:

the <u>ratio of the sum of the change</u> in the three weeks <u>divided by</u> <u>the number of weeks. (</u>The <em>number of weeks</em> being <u>3</u>)

 <em>Rate of change</em> = \frac{-60 -10 -20}{3}.

(-60 + -10 + -20 = -90). So, to <em>simplify</em> it:

\frac{-90}{3} = <u><em>-30</em></u>

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

Incase you are confused:

Since the average <u>rate of change</u> is <em>negative</em>, this means that the <u>stock price</u> has <em>decreased</em>.

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