Question

What was the price of BJM stock in July? Round your answer to the nearest cent , if necessary.

Answer 1

Given:

Stock price in may is $61.81

`\text{Increase price in July=}61.81*(6)/(100)`
`\text{Increase price in July= \$3.71}`

Stock price in June =61.81+3.71

Stock price in June = $65.52

`\text{Decrease price in July}=65.52*(6)/(100)`
`\text{Decrease price in July}=3.93`

Stock price in July=65.52-3.93

Stock price in July= $61.59