Math Problem Statement
Solution
The problem asks for the total change in the All-Plus stock over two days, given:
- On the first day, the change in value was .
- On the second day, the value dropped of the change from the previous day.
Step-by-step solution:
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Calculate the second day's change: The second day's change is of the first day's change:
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Find the total change over the two days: The total change is the sum of the changes on both days:
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Round to the nearest cent: The total change rounds to .
Final Answer:
The total change in the All-Plus stock is .
Would you like further clarification or details?
Related Questions:
- How is rounding decimals to the nearest cent performed?
- Why does multiplying a negative number by a positive fraction result in a smaller negative number?
- How would the solution change if the second day’s drop was instead of ?
- What if the total change needed to be calculated for three days with similar conditions?
- How do stock values typically vary, and why are percentage or fraction changes common in financial contexts?
Tip:
When working with stock or financial changes, always double-check your signs (positive or negative), as they indicate gains or losses.
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Math Problem Analysis
Mathematical Concepts
Fractions
Arithmetic operations
Negative numbers
Rounding to nearest cent
Formulas
Fraction of a number: (fraction) × (value)
Sum of values: value1 + value2
Theorems
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Suitable Grade Level
Grades 6-8
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