1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Eva8 [605]
3 years ago
11

The stock of Company A gained 2% today to $79.56. What was the opening price of the stock in the beginning of the day?

Mathematics
1 answer:
CaHeK987 [17]3 years ago
5 0

Answer: $78

Step-by-step explanation:

From the question, we are informed that the stock of Company A gained 2% today to $79.56. The opening price of the stock in the beginning of the day will be calculated as:

= [100% / (100% + 2%)] × 79.56

= (100% / 102%) × 79.56

= 1/1.02 × 79.56

= 79.56/1.02

= 78

Therefore, opening price of the stock in the beginning of the day is $78

You might be interested in
A cone-shaped building has a height of 11.4 meters and a base with a diameter of 12 meters. The building will be filled with roa
Lyrx [107]
We know, Volume of a Cone = πr² h/3
v = 3.14 * (6)² * 11.4/3
v = 3.14 * 36 * 3.8
v = 429.552

Now, for 1 m³, it costs = $20
So, for 429.552 m³, it will be: 20 * 429.552 = 8591

In short, Your Answer would be $8591

Hope this helps!
3 0
4 years ago
Read 2 more answers
What is the formula for the following geometric sequence? -5, -10, -20, -40, ... an = -5 · 2n - 1 an = -5 · (-2)n - 1 an = -2 ·
vazorg [7]
-5 * 2^{n-1}
8 0
3 years ago
Please help me with this.
Scorpion4ik [409]

Answer:

Step-by-step explanation:

7 0
2 years ago
AB is a directed segment with endpoints A(2,2) and B(14,14). In two or more complete sentences, explain how you would verify tha
GenaCL600 [577]
The smaller side is 4 units going from point (2,2) to point (6,6) while the biger side is 8 units long going from point (6,6) to point (14,14). So 4 is 1/2 of 8 therefore there is a 1:2 ratio because of 4:8
5 0
4 years ago
Read 2 more answers
A. What is asked?
lianna [129]

Answer:

D . what is the number sentence?

4 0
3 years ago
Other questions:
  • At a large picnic, there were 45 dishes served altogether. Every 3 people shared a dish of Cole slaw between them. Every 4 peopl
    7·1 answer
  • The time it takes to set up a circus tent varies inversely with the number E of elephants used. If 4 elephants can set up a tent
    11·1 answer
  • The parabola whose equation is y^2 = 12x has directrix
    14·2 answers
  • How to round to the nearest degree
    9·2 answers
  • Which is a name for the angle shown? Select all that apply
    14·1 answer
  • Anybody can I know is this the working and the answer are right? If any wrong plssss tell me.. ​
    12·1 answer
  • Solve the equation below:<br> X-4 = -8.3 x=
    8·2 answers
  • Cecilia correctly solved this inequality. 3x &gt; 102 Which graph matches the inequality?​
    6·2 answers
  • A line drawn from one side of a circular plate to the other, through the center of the plate, measures 25 centimeters.
    12·2 answers
  • The we are readers book club allows members to buy book for $8.75 per book.The print is dead book club cost $20 to join and allo
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!