Question

The price of a stock decreased $2 per day for four consecutive days. What was the total change in value of the stock over the four day period?

Answer 1

It changes by 2 for four days, so it's -$8

Answer 2

The total change in value of the stock over the four day period is:

• It decreased by $ 8.

( i.e. - $ 8 )

Explanation:

It is given that:

The price of a stock decreased $2 per day for four consecutive days.

i.e. each day the cost is decreased by: $ 2

Hence, in 4 days the total reduction in cost is: 4×2= $ 8

Hence, the total change in value of the stock is: -$ 8.