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Given the Statement: in Five Trading Days, the Stock Price

Question 7

Multiple Choice

Given the statement: In five trading days, the stock price rose $2.90.
Choose the sentence that best expresses how rapidly, on average, the quantity has changed over the given interval.


A) The stock price increased by an average rate of $1.72 per day.
B) The stock price increased by an average rate of $0.58 per day.
C) The stock price increased by an average rate of $1.45 per day.
D) The stock price increased by an average rate of $2.90 per day.
E) The stock price increased by an average rate of $5.00 per day.

Correct Answer:

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