All categories

3 years ago

You sell 500 shares of Coldwater Creek stock (CWTR). You purchased the stock at $2.98 per share and sold it at $0.88

Mathematics

1 answer:

andrew11 [14]3 years ago

4 0

Answer:

70%

Step-by-step explanation:

Given that,

Cost price of the stock = $2.98 per share

Sold price of the stock = $0.88 per share

We need to find the percent decrease in the stock. It can be done as follows :

$\%=\dfrac{2.98-0.88}{2.98}\times 100\\\\=70.46\%$

= 70%

So, the decrease in the stock is equal to 70 %.

You might be interested in

A 2-column table has 5 rows. The first column is labeled x with entries negative 2, negative 1, 0, 1, 2. The second column is la

Minchanka [31]

The exponential function which represented by the values in the table is $f(x)=4(\frac{1}{2})^{x}$ ⇒ 3rd answer

Step-by-step explanation:

The form of the exponential function is $f(x)=a(b)^{x}$ , where

a is the initial value (when x = 0)
b is the growth/decay factor
If k > 1, then it is a growth factor
If 0 < k < 1, then it is a decay factor

The table:

→ x : f(x)

→ -2 : 16

→ -1 : 8

→ 0 : 4

→ 1 : 2

→ 2 : 1

∵ $f(x)=a(b)^{x}$

- To find the exponential function substitute the value of x and f(x)

by some values from the table to find a and b, at first use the

point (0 , 4) to find the value of a

∵ x = 0 and f(x) = 4

∴ $4=a(b)^{0}$

- Remember that any number to the power of zero equal 1

except the zero

∵ $b^{0}=1$

∴ 4 = a(1)

∴ a = 4

Substitute the value of a in the equation

∴ $f(x)=4(b)^{x}$

- Chose any other point fro the table to find b, lets take (1 , 2)

∵ x = 1 and f(x) = 2

∴ $2=4(b)^{1}$

∴ 2 = 4 b

- Divide both sides by 4

∴ $b=\frac{2}{4}=\frac{1}{2}$

- Substitute the value of b in the equation

∴ $f(x)=4(\frac{1}{2})^{x}$

The exponential function which represented by the values in the table is $f(x)=4(\frac{1}{2})^{x}$

Learn more:

You can learn more about the logarithmic functions in brainly.com/question/11921476

#LearnwithBrainly

8 0

3 years ago

Read 2 more answers

Michael cycled a distance of 12 5/6 miles in 2/3 hours. What is his cycling unit rate in miles per hour?

Annette [7]

19 1/2 miles per hour

4 0

3 years ago

PLEASE HELP ME SOLVE THIS Find all x-values for which f ( x ) = 2 for the function below.

alisha [4.7K]

Answer:

Step-by-step explanation:

First let us get the equation of the coordinates

y-y0 = m(x-x0)

Using the coordinates ( - 3, 2 ), ( - 1, 0 )

m = 0-2/-1-(-3)

m = -2/2

m = -1

Substitute m = -1 and (-1, 0) into the formula

y - 0 = -1(x+1)

y = -x-1

f(x) = -x-1

Since f(x) = 2

2 = -x-1

-x = 2+1

-x = 3

x = -3

Hence the value of x is -3

3 0

3 years ago

The ransin sports company has noted that the size of individual customer orders is normally distributed with a mean of $112 and

Sonja [21]

Standard error of the mean is computed by:

Standard error = SD/ sqrt N

Where:

N is the sample size

SD is the standard deviation

To get the standard deviation, you need to get the sqrt of the variance = sqrt 9 = 3

So plugging in our data:

Standard error = 3 / sqrt (16)

= 0.75

3 0

3 years ago

The path of a prairie dog as it burrows underground is modeled by the equation

uranmaximum [27]

Answer:

Step-by-step explanation:

5 0

3 years ago