The price of a jacket has decreased $21.50 in equal daily increments over the last 5 days. How much is the price changing per day? (Round to the nearest hundredth.)(1 point)

Responses

$4.30
$4.30

−$4.30
negative 4.30 dollars

$0.23
$0.23

−$0.23

1 answer

To find the daily price change, you divide the total decrease in price by the number of days.

The total decrease is $21.50 over 5 days.

So, the daily price change is:

\[ \text{Daily Change} = \frac{-21.50}{5} = -4.30 \]

Therefore, the price is changing by \(-4.30\) dollars per day.

The correct response is:

−$4.30.