Question

At the beginning of the day, stock XYZ opened at $8.18. At the end of the day, it closed at $6.88. What is the rate of change of stock XYZ?

A. -15.9%
B. 2.1%
C. -0.16%
D. 12.4%

Answer 1

Answer: A. -15.9%

Explanation:

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

I'm pretty sure all you have to do is this...

8.18 - 6.88 = 1.3

1.3 ÷ 8.18 = 0.158924205

0.158924205 ≈ A. -15.9%

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

But the thing about that is that I don't get how the answer is negative, sorry.

I hope this helps!

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~