Question

The price of one share of Acme Company declined $3.50 per day for 4 days in a row. What is the overall change in price of one share?

Answer 1

Since it's a decline, the amount will be negative.
3.5 per day for 4 days so multiply 3.5 by 4, which equals: $14
so the overall change is -$14.00

Answer 2

The overall change in price of one share is: -$14.00

Explanation:

The Acme Company share has declined its price in a rate of $3.50 per day

Therefore the change rate is:
`- (\mathdollar 3.50)/(day)`

In order to find the overall change in prince in 4 days in a row, we must have to multiply the change rate by 4 days

`( - (\mathdollar 3.50)/(day))(4 \ days)= - \mathdollar 14.00`

Therefore, the overall change in price is: -$14.00