16.2k views
3 votes
A computer company's stock costs $122 at the start of the day. At the end of the day it costs $93. By what amount did the stock's value change over the day?

User Garethm
by
8.6k points

1 Answer

1 vote

Answer:

the amount the stock changed over the day = $29

Explanation:

The stock cost $122 at the start of the day . At the end of the day it cost $93. The amount the stock value changed can be calculated below.

The initial amount of the stock that days was $122 but at the end of the day it changes to $93. This means the stock cost decreases over the day.

Initial cost of stock at the day = $122

Final cost at the end of the day = $93

the amount the stock changes over the day = initial cost of stock at the day - final cost at the end of the day.

the amount the stock changes over the day = 122 - 93

the amount the stock changed over the day = $29

Generally, the stock decreased over the day.

User Ashmin Kaul
by
8.0k points
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

9.4m questions

12.2m answers

Categories