Register
Alan purchased 16 shares of company stock for $390.40. A month later, the total value of his shares fell to $291.20. What is the current price per share if each share costs the same? $6.20
179k views
2 votes
Alan purchased 16 shares of company stock for $390.40. A month later, the total value of his shares fell to $291.20. What is the current price per share if each share costs the same? $6.20

User Andrey Topoleov
by
8.1k points

2 Answers

3 votes

The answer is 18.20. Hope this helped you!

User Dieguinho
by
8.1k points
3 votes
291.20 / 16 = 18.20 per share
User Bamblack
by
8.5k points
Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

9.5m questions

12.2m answers

Other Questions

How do you can you solve this problem 37 + y = 87; y =
What is .725 as a fraction
A bathtub is being filled with water. After 3 minutes 4/5 of the tub is full. Assuming the rate is constant, how much longer will it take to fill the tub?
i have a field 60m long and 110 wide going to be paved i ordered 660000000cm cubed of cement  how thick must the cement be to cover field
Write words to match the expression. 24- ( 6+3)
Link Copied!