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
Anon25 [30]
3 years ago
11

The stock of Company A gained 4% today to $4.16. What was the opening price of the stock in the beginning of the day?

Mathematics
1 answer:
Oksana_A [137]3 years ago
6 0

Answer:

The opening price of the stock in the beginning of the day was $4.

Step-by-step explanation:

To be able to calculate the price of the stock at the beginning of the day, you have to consider that the equation to calculate the final price is equal to the opening price multiply for the result of one plus the increase or decrease percentage, which is:

final price=opening price*(1+0.04)

Now, you know that the final price is $4.16, so you can replace this value in the formula and solve for the opening price:

4.16=opening price*1.04

opening price=4.16/1.04

opening price=4

According to this, the answer is that the opening price of the stock in the beginning of the day was $4.

You might be interested in
Please solve. best answer gets rewarded! show step by step.
sukhopar [10]
Hey!

Let's write the problem.
2x-4-5x=2
Add like terms...
-3x-4=2
Add 4 to both sides.
-3x-4+4=2+4
-3x=6
Divide both sides by -3.
\frac{-3x}{-3}=\frac{6}{-3}

Our final answer would be,
x=-2

Thanks!
-TetraFish
4 0
3 years ago
Read 2 more answers
Twenty five heat lamps are connected in a greenhouse so, that when one lamp fails, another takes over immediately (only one lamp
olga55 [171]

Answer:

P = 0.006

Step-by-step explanation:

Given

n = 25 Lamps

each with mean lifetime of 50 hours and standard deviation (SD) of 4 hours

Find probability that the lamp will be burning at end of 1300 hours period.

As we are not given that exact lamp, it means we have to find the probability where any of the lamp burning at the end of 1300 hours, So we have

Suppose i represents lamps

P (∑i from 1 to 25 (X_i > 1300)) = 1300

= P(X^{'}> \frac{1300}{25})                  where X^{'} represents mean time of a single lamp

= P (Z> \frac{52-50}{\frac{1}{\sqrt{25}}})                Z is the standard normal distribution which can be found by using the formula

Z = Mean Time (X^{'}) - Life time of each Lamp (50 hours)/ (SD/\sqrt{n})

Z = (52-50)/(4/\sqrt{25}) = 2.5

Now, P(Z>2.5) = 0.006 using the standard normal distribution table

Probability that a lamp will be burning at the end of 1300 hours period is 0.006

4 0
3 years ago
F(x)= -x^2+19 find f(3)
Whitepunk [10]
I’m not sure but this could help

4 0
3 years ago
Read 2 more answers
Help please look below
Gwar [14]
A is located, as you look A is past -2 almost hitting -3 making the mark 2.8 so the answer is A
3 0
2 years ago
Please Help !!!
solong [7]
Best Answer: 2 LiCl = 2 Li + Cl2
mass Li = 56.8 mL x 0.534 g/mL=30.3 g
moles Li = 30.3 g / 6.941 g/mol=4.37
the ratio between Li and LiCl is 2 : 2 ( or 1 : 1)

moles LiCl required = 4.37
mass LiCl = 4.37 mol x 42.394 g/mol=185.3 g


Cu + 2 AgNO3 = Cu/NO3)2 + 2 Ag
the ratio between Cu and AgNO3 is 1 : 2
moles AgNO3 required = 4.2 x 2 = 8.4 : but we have only 6.3 moles of AgNO3 so AgNO3 is the limiting reactant
moles Cu reacted = 6.3 / 2 = 3.15
moles Cu in excess = 4.2 - 3.15 =1.05

N2 + 3 H2 = 2 NH3
moles N2 = 42.5 g / 28.0134 g/mol=1.52
the ratio between N2 and H2 is 1 : 3
moles H2 required = 1.52 x 3 =4.56
actual moles H2 = 10.1 g / 2.016 g/mol= 5.00 so H2 is in excess and N2 is the limiting reactant
moles NH3 = 1.52 x 2 = 3.04
mass NH3 = 3.04 x 17.0337 g/mol=51.8 g
moles H2 in excess = 5.00 - 4.56 =0.44
mass H2 in excess = 0.44 mol x 2.016 g/mol=0.887 g
5 0
3 years ago
Other questions:
  • ILL GIVE MEDAL AND BRAINLIST AWNSER TO whoEVER IN THE FIRST!!!!Roland's heart beats 495 times in 6 minutes. At that rate, how ma
    11·1 answer
  • Find each angle measure to the nearest degree.<br> 15) tan C = 0.1405
    11·1 answer
  • Estimate. Then find the difference.<br><br> 253,495-48,617=
    15·2 answers
  • your standing 12 feet in front of a building. The angle of elevation to the top of the building is 76 degrees. How tall is the b
    7·1 answer
  • What is 61/4 as a decimal
    10·1 answer
  • Mae read 976 pages in 8 weeks.she read the same number of pages each week. How many pages did she read each work
    6·2 answers
  • 2x + 3y= 22<br> -2x +5y=-6
    8·1 answer
  • HELP!!!!!!!! This is urgent!!! Will mark brainiest! 73-75! *ignore all work/questions/handwriting above****
    8·1 answer
  • Select the statement that correctly describes a Type I error.
    11·2 answers
  • Helppp me plsssssssssssss
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!