Answer:
Option D is correct.
Unit rate = $75.46/ share
Explanation:
Unit rate defined as the rate are expressed as a quantity 1, such as 3 feet per second or 8 miles per hour, they are called unit rates.
Given the statement: $6,188 for 82 shares of stock.
⇒Number of share = 82
\(\text{Unit rate per share} = \frac{\text{Cost}}{\text{Number of share}}\)
Substitute the given values we get;
\(\text{Unit rate per share} = \frac{6,188}{82} = \$75.4634146\)
Therefore, the unit rate (nearest to hundredth place) is, $75.46/ share
