Question

Select the correct answer. Alan purchased 16 shares of company stock for $390.40. A month later, the total value of his shares fell to $291.20. What is the current price per share if each share costs the same? A. $6.20 B. $18.20 C. $24.04 D. $24.40 Reset Next

Answer 1

A.) $6.20

Explanation:

First you subtract $390.40 by $291.20 which will give you $99.20.

Then I multiplied $6.20 by 16 which gave me $99.20, so it is A.) $6.20!

Hope I helped!

Answer 2

B. $18.20

Explanation:

291.20/16= 18.20