Question

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?

Answer 1

$30.80+$1.20=$32.00. Net = $1.20
$32.00(0.9375)=$30.00. Net = $-0.80
$30.00(0.96)=$28.80. Net = $-2.00
$28.80(1.025)=$29.52. Net = $-1.28

Your answer would be $-1.28.