51.0k views
3 votes
Stock on the new york stock exchange opened at 52$ on Monday morning. The table shows the store's value change for each day that week. What was the stock worth at the close of business on Friday?

Stock on the new york stock exchange opened at 52$ on Monday morning. The table shows-example-1
Stock on the new york stock exchange opened at 52$ on Monday morning. The table shows-example-1
Stock on the new york stock exchange opened at 52$ on Monday morning. The table shows-example-2
User FFT
by
6.6k points

1 Answer

5 votes

SOLUTION:

To get the value of the stock at the close of business on Friday, we get the initial value and add the whole daily changes to it;


\begin{gathered} 52-2+1+3-1-4 \\ \\ =\text{ \$}49 \end{gathered}

Therefore, on the close of business on Friday, the stock was worth $49

User Filiph
by
7.2k points