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OpenStudy (anonymous):
On January 1st 2003, the value of a stock was $135 per share. By December 1st 2003, the value of the stock had fallen to $38 per share. What is the average rate of change in the value of the stock in dollars per month?
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OpenStudy (anonymous):
135-38/(12) -$8.08
OpenStudy (anonymous):
$8 per month
OpenStudy (anonymous):
although if you say that is has not been a full year but only 11 months the average is $9
OpenStudy (anonymous):
12 months is till January 1st 2004 11 months is December 1st
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