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The price of share company's stock has been decreasing at a constant rare of $0.50 per share of stock is now $25, for how many hours has the price been below $30 per share?…

The price of share company's stock has been decreasing at a constant rare of $0.50 per share of stock is now $25, for how many hours has the price been below $30 per share?…
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The price of share company's stock has been decreasing at a constant rare of $0.50 per share of stock is now $25, for how many hours has the price been below $30 per share?

asked
User Aayush Puri
by
8.5k points

1 Answer

6 votes

30-25 = 5

The stock has dropped $5 total.

$5 / $0.50 per hour = 10 hours

answered
User Benjismith
by
8.1k points
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