Given:
On Monday one share of stock in a computer company cost $58
On Tuesday, the value of a share dropped by $32
So, The cost = 58 - 32 = $26
On Wednesday, the value of a share quadrupled
So, the cost = 4 x 26 = $104
On Thursday, the value of a share was $19 less than on Wednesday
So, the cost = 104 - 19 = $85
On Friday the value of a share was one-fifth of what it was on Thursday
So, the cost = 1/5 x 85 = 17
Part A- How much was the stock worth on Friday?
So, the answer will be the stock worth $17
Part B: Mr. Cane owns some shares of this stock He wants to sell it on the day it has the greatest profit. On what day should Mr. Cane sell his stock?
As shown from the above steps, the greatest profit is on Wednesday