Question

At the start of the week, Apple's stock price was $32. That week, the value of the stock gained $1.25, and then lost $5.50, lost another $2, gained $3.25 and lost $1.75.

Part A: What was the value of the stock at the end of the week?

Answer 1

$27.25

Explanation:

When there is a gain, that is a positive amount, so add the positive numbers together.

1.25 + 3.25 = 4.50

When there is a loss, that is a negative amount, so add the negatives together.

-5.50 + (-2.00) + (-1.75) = -9.25

Add stock price and the positive amount

32.00 + 4.50 = 36.50

Now add (subtract since you have a negative and a positive amount) the negative amount.

36.50 + (-9.25) = 27.25