On Monday, a company stock closed at a price of $30.80 per share. On Tuesday, it increased by $1.20 per share. On Wednesday, it fell by 6.25%. On Thursday, it fell by another 4%, and on Friday, it increased by 2.5%. What is the net change in the stock price from Monday to Friday?

Question

dude · Answer

Well to find the net change we have to first find the change per day

Lets start with the $ change from Monday to Tuesday

30.80 +(it increased) 1.20 =

aedan · Answer

?

dude · Answer

So, to find the net change, we have to find the change for each day

dude · Answer

We start with Monday (which is 30.80)

On Tuesday, it says it went up 1.20

So we have to add those numbers first

aedan · Answer

so 32.00

dude · Answer

Right, now from Tuesday to Wednesday, it says it fell 6.25%

We have to convert this to a decimal to find out what 6.25 of 32 is