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 answer

To find the price changing per day, we need to divide the total price decrease over 5 days by the number of days.

Total price decrease = $21.50
Number of days = 5

Price changing per day = Total price decrease / Number of days

Price changing per day = $21.50 / 5 = $<<21.50/5=4.30>>4.30

So, the price is changing by $4.30 per day.