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leonid [27]
3 years ago
11

Which is better having a stock that goes up by 30% on Monday than drops 30% on Tuesday

Mathematics
1 answer:
AURORKA [14]3 years ago
4 0

Answer:

<u>Both stocks will have a net loss of 9%</u>

Complete statement and question:

Which is better: having a stock that goes up 30% on Monday than drops 30% on Tuesday, or a stock drops 30% on Monday and goes up 30% on Tuesday? In each case, what is the net percent gain or loss?

Source:

Previous question that can be found at brainly

Step-by-step explanation:

Four our analysis, let's assume a initial price of $ 10 for both stocks

Stock A

Price on Monday when stock market opens = $ 10

Price on Monday when stock market closes = 10 + 0.3 * 10 = 10 + 3 = $ 13

Price on Tuesday when stock market opens = $ 13

Price on Tuesday when stock market closes = 13 -  0.3 * 13 = 13 -3.9 = $ 9.10

<u>The stock had a net loss of $ 0.90 or 9%</u>

Stock B

Price on Monday when stock market opens = $ 10

Price on Monday when stock market closes = 10 - 0.3 * 10 = 10 - 3 = $ 7

Price on Tuesday when stock market opens = $ 7

Price on Tuesday when stock market closes = 7 + 0.3 * 7 = 7 + 2.10 = $ 9.10

<u>The stock had a net loss of $ 0.90 or 9%</u>

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vovangra [49]


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(You just have to multiply the numerator and denominator by the same number.)

Decimal: 0.666...

(Divide the numerator by the denominator.)

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(Multiply the decimal by 100.)

<em>Hope it helps</em> :)

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The maximum grain for corn is achieved by planting at a density of 40,000 plants per acre. A farmer wants to maximize the yield
Bumek [7]

Answer:

514,400 plants.

Step-by-step Explanation:

From the attached diagram given below which shows the coordinate grid, we can say the shape of the farm is that of a trapezium.

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Let's find the area of the land(trapezium):

Area of trapezium = ½(a+b)*h

From the coordinate grid, from point E to H on the y-axis, we have 900 units = 900 ft (Given that 1 unit = 1 foot).

Also, from F to G, we have 500 units = 500ft; and the height of the trapezium is represented by the number of units the trapezium covers on the x-axis = 800units = 800ft.

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x acre = 560,000ft²

x = 560,000*1 /43,560

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Answer:

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Step-by-step explanation:

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=48

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