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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Eighths and their multiples are common fractions which I recommend memorizing, but to actually solve this, you use the literal meaning of a fraction and divide 5 by 8. See the long-division below (it was surprisingly difficult to type, so I hope it helps!).
To round 0.625 to the nearest hundredth, we go to the second decimal place, which is 5, so we round up to 0.63.
To round 0.625 to the nearest hundredth, we go to the second decimal place, which is 5, so we round up to 0.63.