Unfortunately, Mark’s share of GUAC stock lost another $20.88 in value each month for the next 3 months. If the previous share price of GUAC was $348, and the stock lost an equal amount each month, what was the average percentage change each month?

The average percent change each month will be = 6.4%

Step-by-step explanation:

In the first month, the price was $348 and the decrease in value is $20.88.

So, the percent change in value is .

Now, in the second month, the price was $(348 - 20.88) = $327.12 and the decrease in value is $20.88.

So, the percent change in value is .

Again, in the third month, the price was $(327.12 - 20.88) = $306.24 and the decrease in value is $20.88.

So, the percent change in value is

Therefore, the average percent change each month will be = (Answer)

5y

step-by-step explanation:

describing distributions is one of the key skills you’ll need to earn a high score on the ap statistics exam. if you need proof of this, just flip through some past exam questions, which can be found at the collegeboard website. you’ll notice that the first free response question is almost always a question requiring you to look at a graph and describe it.

step-by-step explanation: just trying to get points sorry : (