SOLUTION: The value of a stock increased 1 1/4 points Monday morning. On Monday afternoon, the value of the stock decreased 1 2/3 points. On Tuesday morning, the value increased 1 1/2 points

Algebra ->  Finance -> SOLUTION: The value of a stock increased 1 1/4 points Monday morning. On Monday afternoon, the value of the stock decreased 1 2/3 points. On Tuesday morning, the value increased 1 1/2 points      Log On


   

Question 1050898: The value of a stock increased 1 1/4 points Monday morning. On Monday afternoon, the value of the stock decreased 1 2/3 points. On Tuesday morning, the value increased 1 1/2 points. What is the overall change in the stock's value?
A. -1/12 point
B. 1/12 point
C. 1 1/12 points
D. 2 5/12 points
Answer by ewatrrr(24785) About Me  (Show Source):
You can put this solution on YOUR website!
(5/4) -(5/3) + (3/2) = (15 - 20 + 18)/12 = 13/12 = 1 1/12
C.