SOLUTION: On Monday the stock market closed at 12,890. On Tuesday it closes at 13010, On Wednesdauy it closed at 13,001, on Thursday it closed at 13125, and finially on Friday it closed at 1
Algebra.Com
Question 933302: On Monday the stock market closed at 12,890. On Tuesday it closes at 13010, On Wednesdauy it closed at 13,001, on Thursday it closed at 13125, and finially on Friday it closed at 12,922. What was the daily percent change and was the overall weekly percent change?
Monday 12,890=128.9%
Tuesday 13,010=130.1%
Wednesday 13,001=130.01%
Thursday 13,125=131.2
Friday 12,922=129.22%
Answer by Theo(13342) (Show Source): You can put this solution on YOUR website!
from close of monday to close of tuesday, you went from 12890 to 13010.
the change was 13010 minus 12890 which is equal to plus 120.
the ratio of the change was plus 120 divided by 12890 which is equal to .0093095423.
the percent chance was the ratio of the change times 100 which is equal to .93095423 percent.
from close of tuesday to close of wednesday, you went from 13010 to 13001.
the change was 13001 minus 13010 which is equal to minus 9.
the ratio of the change was minus 9 divided by 13010 which is equal to minus .00069175557.
the percent change was the ratio of the change times 100 which is equal to minus
.069175557 percent.
from close of wednesday to close of thursday, you went from 13001 to 13125.
the change was 13125 minus 13001 which is equal to plus 124.
the ratio of the change was plus 124 divided by 13001 which is equal to plus plus .0095377279.
the percent change was the ratio of the change times 100 which is equal to .95377279 percent.
from close of thursday to close of friday, you went from 13125 to 12922.
the change was 12922 minus 13125 which is equal to minus 203.
the ratio of the change was minus 203 divided by 13125 which is equal to minus .01546666667.
the percent change was the ratio of the change times 100 which is equal to minus 1.546666667 percent.
the weekly change is from close of monday to close of friday.
from close of monday to close of friday, you went from 12890 to 12922.
the change was 12922 minus 12890 which is equal to plus 32.
the ratio of the change was plus 32 divided by 12890 which is equal to plus .0024825446.
the percent change was the ratio of the change times 100 which is equal to plus .24825446 percent.
if A is the original amount that you start from and B is the amount that you go to, then:
B - A is the change from A to B
(B - A) / A is the ratio of the change from A to B
(B - A) / A * 100 is the percent change from A to B.
RELATED QUESTIONS
The stock market gained 47 points on Tuesday and lost 21 points on Wednesday. It had... (answered by stanbon)
The stock market gained 47 points on Tuesday and lost 21 points on Wednesday. It had... (answered by Alan3354)
Translate this to a mathematical equation and solve. Please show all of your work.
The... (answered by amoresroy)
Translate this to a mathematical equation and solve. Please show all of your work.The... (answered by stanbon)
If a person bought 1 share of Google stock within the last year, what is the probability... (answered by Alan3354)
Pho Lin has investments in EBay and Amazon stock. On March 9, 2007, EBay stock closed at... (answered by mbmodak)
A stock lost value on both Monday and Tuesday. On Monday, it changed by -5.7 points and... (answered by math_helper)
Please help I have no idea how to solve this and my teacher waants it worked out it's due (answered by richwmiller)
Pho lin has investments in ebay and amazon stock. On match 9,2007, ebay stock closed at... (answered by ikleyn)