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Mathematics

1 answer:

Paladinen [302]3 years ago

6 0

Answer:

A) $49

Step-by-step explanation:

There are two ways to solve this problem. You could either calculate the net change by adding up the values in the table and then adding that to the initial amount, or you could individually add every change in price to the initial amount. I'm going to go with the first way, as I find it to be quicker, but both methods work equally well.

We know that the stock was worth $52 on Monday morning. From the table, the net (or overall) change in the stock over the course of the week is:

-2 + 1 + 3 - 1 - 4 = -3

Therefore, the stock's price decreased by $3 over the week, and because the stock's original price was $52, we know it is now worth 52 - 3 = $49. Hope this helps!

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Hi!

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2 years ago

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