Question

A stock worth $85 per share had a net change of -$4 per share for 3 days in a row and then+$5 per share for the next 2 days.What was the price per share of the stock after the 5 days? A.$82 B.$83 C.$87 D.$88 Explain i can give you 5 points

Answer 1

A stock worth $85 per share had a net change of -$4 per share for 3 days in a row
$85
-$4 x 3 (quantity of days) = -$12
so a stock worth is $73 after 3 days of share
$73
+$5 x 2 (quantity of days) = $10
so a stock worth is $83 after 2 days of share
So the answer is B.$83