3 years ago

Can you please help me please!!!!!

1 answer:

8 0

The original stock price was $88. On the first day, that increased by $19.40, resulting in a new price of $107.40.

On the second day, that $107.40 decreased by 5 3/4%. To obtain the new stock price, subtract 5 3/4% from 100% and mult. $107.40 by the result (in fractional form):

(100% - 5 3/4%)$107.40 => 0.9425($107.40) = $101.22 (answer)

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