Math Problem Statement

During a week. the stock of M.A.T.H cooperation had the following changes in price: Money up to 4 points: Tuesday, down 6 points; Wednseyday, up 3 and 1 half points: Thursday up 1 and a quarter points; Friday down 5 and a 8th of a point. What was the net change in price of the stock for the week

Solution

To find the net change in price of the stock for the week, let's break down the changes for each day and sum them up.

Day-by-day changes:

  1. Monday: Up 4 points → +4+4
  2. Tuesday: Down 6 points → 6-6
  3. Wednesday: Up 3 and 1/2 points → +72=+3.5+\frac{7}{2} = +3.5
  4. Thursday: Up 1 and 1/4 points → +54=+1.25+\frac{5}{4} = +1.25
  5. Friday: Down 5 and 1/8 points → 418=5.125-\frac{41}{8} = -5.125

Now, sum all the changes: 4+(6)+3.5+1.25+(5.125)=2.3754 + (-6) + 3.5 + 1.25 + (-5.125) = -2.375

Net change:

The net change in price of the stock for the week is -2.375 points (a decrease of 2.375 points).

Would you like more details or have any questions?

Here are five questions related to this topic:

  1. How do fractional points affect stock prices?
  2. How can one calculate percentage changes from point values?
  3. What are common reasons for daily stock price fluctuations?
  4. How do cumulative stock changes impact investor decisions?
  5. How does rounding affect the accuracy of stock price reporting?

Tip: Always convert mixed numbers to fractions or decimals to simplify calculations.

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Math Problem Analysis

Mathematical Concepts

Arithmetic
Fractions
Decimals
Addition and Subtraction of Fractions

Formulas

Sum of fractional changes
Conversion of mixed numbers to improper fractions

Theorems

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Suitable Grade Level

Grades 6-8