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At the beginning of the day, stock XYZ opened at $4.25. At the end of the day, it closed at $5.25. What is the rate of change of stock XYZ?
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At the beginning of the day, stock XYZ opened at $4.25. At the end of the day,

it closed at $5.25. What is the rate of change of stock XYZ?

User Daniele D
by
5.7k points

1 Answer

4 votes

Answer:

23.53%

Step-by-step explanation:

The actual change will be $5.25 minus $4.25

=$5.25 - $4.25

=$1

the percentage change will be

=1$/$4.25 x 100

=0.23529 x 100

=23.529

=23.53%

User Vinson
by
6.0k points
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