Read this then and learn LOL
To calculate the Longitude, Latitude and Height position, a GPS receiver precisely measures the different speed of light (299,792 km/s) delays in the signals coming from 4 or more satellites. The distance to each satellite is calculated, and then using trilateration, the 3D position of the GPS antenna is calculated.
How GPS Receivers Work | HowStuffWorks
As far as how often it does it, its almost instant so as you slow your car so does the reading Its not like it updates ever 30 secs or something
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