Math Problem Statement

A company's stock price fluctuated over a period of four days. The table shows the change in stock price per day.

DayChange

1

increased by $3.50

2

decreased by $3.70

3

increased by $3.30

4

decreased by $3.40

 The net change in the company’s stock price over the four days is $

Solution

To find the net change in the company’s stock price over the four days, we need to sum up the changes for each day:

  1. Day 1: increased by $3.50 → +3.50+3.50
  2. Day 2: decreased by $3.70 → 3.70-3.70
  3. Day 3: increased by $3.30 → +3.30+3.30
  4. Day 4: decreased by $3.40 → 3.40-3.40

Now, let's add these changes together:

Net Change=3.503.70+3.303.40\text{Net Change} = 3.50 - 3.70 + 3.30 - 3.40

Calculating this step-by-step:

3.503.70=0.203.50 - 3.70 = -0.20 0.20+3.30=3.10-0.20 + 3.30 = 3.10 3.103.40=0.303.10 - 3.40 = -0.30

The net change in the company’s stock price over the four days is 0.30-0.30 dollars.

Would you like more details or have any questions?

Here are five related questions:

  1. How would you calculate the average daily change in stock price?
  2. What is the importance of understanding net change in stock prices?
  3. If the stock had a 5th day with an increase of $0.50, what would the new net change be?
  4. How can you represent this data on a line graph?
  5. What is the percentage change in stock price if the initial price was $100?

Tip: When summing up changes in stock prices, remember that increases are positive and decreases are negative, so they offset each other when calculating the net change.

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Math Problem Analysis

Mathematical Concepts

Arithmetic
Addition
Subtraction

Formulas

-

Theorems

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Suitable Grade Level

Grades 4-6