213k views
5 votes
A company's stock begins the week with a price of $43.85 per share. The price changes by $2.70 each day for 2 days. Then the price changes by -$1.10 each day for 2 days. On the last day, the price changes by -$4.45. What is the price per share of the company's stock after those five days?

1 Answer

2 votes

Answer:

$42.60

Explanation:

At the beginning of the week, the Company's stock was valued at $43.85 per share.

The next two days, it changed by $2.70.

It further changes by -$1.10 each day for 2 days.

On the last day, the price changes by -$4.45.

We want to determine the Value of the Share After 5 days.

Value= Opening Price + Changes Each Day

=43.85+(2.70+2.70-1.10-1.10-4.45)

=$42.60

The price per share of the company's stock at the end of five days is $42.60

User Gcochard
by
7.8k points