|
Question 624683: So I have tried to work this out, I have no idea where to start and I'm stuck. Could someone please help me figure this out and tell me how you got the answer do I can try to so the second part of the problem. The price of a certain stock at the beginning of the week was $61. Here are the changes in price during the week: +3,+2,-1,-4,-5. What is the price of the stock at the end of the week? Thank you very much.
Answer by jim_thompson5910(35256) (Show Source):
You can put this solution on YOUR website! Add up the changes: +3+2+(-1)+(-4)+(-5) = -5
So the final change is -5
This means that the stock lost $5 at the end of the week.
So the stock price at the end of the week is 61 + (-5) = 56 dollars
--------------------------------------------------------------------------------------------------------------
If you need more help, email me at jim_thompson5910@hotmail.com
Also, please consider visiting my website: http://www.freewebs.com/jimthompson5910/home.html and making a donation. Thank you
Jim
--------------------------------------------------------------------------------------------------------------
|
|
|
| |