Answer:
1.<u> </u>$(x+0.03) - $x
2. $ 34.21
Step-by-step explanation:
Let the price of XYZ inc's share to be = <u>$ x</u>
On Monday, the price drops by $ 0.02 = $ x- $ 0.02 = $ (x-0.02)
New price of shares on Monday is =<u> $ (x- 0.02)</u>
On Tuesday the price goes up by $0.05 = $ (x-0.02) + $ 0.05 = $(x-0.02+0.05)
New price on Tuesday = <u>$( x+ 0.03)</u>..............................................(a)
Change in price of one share of XYZ's stock= Price on Tuesday - price of share
= <u> $(x+0.03) - $x</u>..........................................(b)
2. Give that x= $34.18 solve equation (a) above
Price on Tuesday at close of business= $ (x+0.03)
= $ (34.18+0.03)
= $ 34.21
Answer:
Congrats!
Step-by-step explanation:
Answer:
9.09090909091% decrease
Step-by-step explanation:
1 - 10/11 = 1/11 = 9.09090909091%
1/12 does not belong with the others because you can simplify the others, but not 1/12
AnsStep-by-step explanation:
.2
