Question

At the beginning of the day, stock XYZ opened at $6.25. At the end of the day, it closed at $5.95. What is the rate of change of stock XYZ?

Answer 1

On Monday, stock XYZ opened at $4.53. On Friday, it closed at $4.06. What is the rate of change of stock XYZ for this particular week?

A -10.4%

B -4.5%

C -4.6

D -4.7

Answer 2

The answer is A. -4.8%