Question

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Answer 1

At the beginning of the day, stock XYZ opened at $7.25. At the end of the day, it closed at $6.88. What is the rate of change of stock XYZ?

A.

12.4%

B.

2.1%

C.

–5%

D.

–0.5%

Answer 2

Finding the percent of change is using the ratio of the amount of change to the original amount. The increased amount is really the percent of increase.

$7.25-$6.88 = $0.37

Then you divide by the Original amount.

$0.37/$7.25 = 0.0510

Multiply by 100 to find the percentage

.0510 = 5.10 which rounds ?

Answer 3

5.10 rounds to?

Answer 4

5.1 @I_Need_Help_With_Home

Answer 5

Correct.

Answer 6

-5%

Answer 7

Yes ar!3 that is correct I think, @I_Need_Help_With_Home you did something wrong..