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On January 1st 200… - QuestionCove
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?

6 years ago
OpenStudy (anonymous):

135-38/(12) -$8.08

6 years ago
OpenStudy (anonymous):

$8 per month

6 years ago
OpenStudy (anonymous):

although if you say that is has not been a full year but only 11 months the average is $9

6 years ago
OpenStudy (anonymous):

12 months is till January 1st 2004 11 months is December 1st

6 years ago
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