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Mathematics 12 Online
dreeee123:

The closing price of a share of stock in Company XYZ is $17.29 on Thursday. If the change from the closing price on Wednesday is –$0.40, find the closing price on Wednesday.

Mercury:

we are given Thursday's price, and asked to find Wednesday's price, based on the change from Wed --> Thurs since the stock price dropped $0.40 from W to Th, simply go backwards and add $0.40 to Thursday's price to get Wednesday's price

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