High School

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At 9 AM, one share of Starbucks stock was $26. By 2 PM, the price was $29.

The rate at which the Starbucks stock value was changing is ___ per hour.

Answer :

Answer:

60 cents per hour

Step-by-step explanation:

final price minus starting price is 3 divide by 5 hours to get .60

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Final answer:

To calculate the rate at which the Starbucks stock price was changing, subtract the initial price from the final price and divide by the number of hours. In this case, the rate of change is $0.6 per hour.

Explanation:

The subject of this problem is a concept in mathematics commonly referred to as

rate of change

, which measures how one quantity changes in relation to another quantity. In this case, we are determining how the price of Starbucks stock changes with time. The price increased from $26 at 9 am to $29 at 2 pm, which means the total increase in price is $29 - $26 = $3. The total time for this change was from 9 am to 2 pm, which is 5 hours. Hence, to find how much the price changes every hour, we divide the total change in price by the total time: $3 / 5 hours. The result is $0.6 per hour. Therefore, the rate at which the Starbucks stock value was changing is $0.6 per hour.

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