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:
- Day 1: increased by $3.50 →
- Day 2: decreased by $3.70 →
- Day 3: increased by $3.30 →
- Day 4: decreased by $3.40 →
Now, let's add these changes together:
Calculating this step-by-step:
The net change in the company’s stock price over the four days is dollars.
Would you like more details or have any questions?
Here are five related questions:
- How would you calculate the average daily change in stock price?
- What is the importance of understanding net change in stock prices?
- If the stock had a 5th day with an increase of $0.50, what would the new net change be?
- How can you represent this data on a line graph?
- 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
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Theorems
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Suitable Grade Level
Grades 4-6