Question

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

−$0.23
negative 0.23 dollars

−$4.30
negative 4.30 dollars

$0.23
$0.23

$4.30

Answer 1

To find the daily price change, we need to divide the total decrease in price by the number of days over which the decrease occurred.

The price of the jacket has decreased by $21.50 over 5 days.

Daily price change = Total decrease / Number of days
Daily price change = $21.50 / 5 = $4.30

Since the price is decreasing, we can represent this as a negative change:
Daily price change = -$4.30

So the correct answer is:

−$4.30 (negative 4.30 dollars)