I think it is 8.83? I am not positive but it is worth a try
Answer:
John lost $6841.42.
Step-by-step explanation:
Let's find out how much John paid for the stock he bought. Each share cost $58.02. He bought 120 shares. Multiply the price by the number of shares.
58.02 x 120 = 6962.40
He sold the stock for $120.98 -- a huge loss! (We are not told that the $120.98 is the selling price of one share, so I'm assuming that's what John sold all his shares for.)
Find the difference to see what his loss was.
$6962.40 - $120.98 = $6841.42 LOST!
