70.6k views
2 votes
The price for a stock went down 2 cents each day for 7 days. Which number represents the overall change in price?

A) -14 cents
B) -2 cents
C) -1 cent
D) -7 cents

1 Answer

3 votes

Final answer:

The overall price change of the stock is a decrease of 14 cents over seven days, as it decreased by 2 cents each day.

Step-by-step explanation:

The student's question is about determining the overall change in the price of a stock that decreases by 2 cents each day for 7 days.

The overall change in price would be calculated by taking 2 cents and multiplying it by 7 days, which is 14 cents. Since the price went down, this change is negative.

Therefore, the overall change in price is -14 cents, which corresponds to option A).

User Jovan
by
7.4k points