Question

Luis bought stock at $83.60. The next day, the price increased $15.35. This new price changed by -4 and 3/4 (mixed number) the following day. What was the final stock price? Is your answer reasonable? Explain.

Answer 1

For the  answer to the question above,
$83.60 Increase 15.35 dollars 83.60 = $98.95
So the new price will be = $98.95
%4.75 Of $98.95 = $4.700125 Rounded it off to about $4.70
$98.95- $4.700125 = $94.249875 Rounded to about $94.25

The Final stock price was $94.249875 or about $94.25

I hope my answer helped you. Have a nice day!