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Levart [38]
3 years ago
15

Suppose a stock is selling on a stock exchange for 6 3/4 dollars per share. If the price increases 3/4 per share, what is the ne

w price of the stock? Leave your answer as a proper fraction or mixed number.
Mathematics
2 answers:
STatiana [176]3 years ago
3 0

Step-by-step explanation:

If the price increases 3/4 per share, the new price of the stock =

6¾ + ¾ =

27 /4 + ¾ =

30 /4 =

15/2 or 7½

Juli2301 [7.4K]3 years ago
3 0

Answer:

7.5

Step-by-step explanation:

If the starting price is 6 3/4 (or 6.75) and it increases by 3/4 (or 0.75), you will need to add 0.75 to to the starting price.

6.75 + 0.75 = 7.5

Therefore, the new price of the stock is 7.5 dollars.

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