Register
at the beginning of the day stock cuz opened at $7.25 at the end of the day it closed at $6.88 what is the rate change of stock xyz
43.1k views
5 votes
at the beginning of the day stock cuz opened at $7.25 at the end of the day it closed at $6.88 what is the rate change of stock xyz

User Jontro
by
8.8k points

2 Answers

4 votes

Answer:

Correct answer for apex is -5%

Explanation:

User Tomasyany
by
9.0k points
0 votes
The absolute change is the difference: 6.88 - 7.25 = -0.37

The rate of change is that divided by the originalprice x 100

Ratre of change: (-0.37/7.25 )*100 = -4.93%

User Kylas
by
7.5k 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
How do you estimate of 4 5/8 X 1/3
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
A dealer sells a certain type of chair and a table for $40. He also sells the same sort of table and a desk for $83 or a chair and a desk for $77. Find the price of a chair, table, and of a desk.
Link Copied!