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3 June, 02:40

The price of a stock falls $1.50 each day for 7 days.

A) Find the total change in the price of the stock.

B) If the value of the stock was $36, before the price of the stock started falling for 7 days, find the price of the stock after those 7 days.

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  1. 3 June, 03:16
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    Answer

    given,

    Price of the stock = $36

    stock price fall per day = $1.50

    number of days price fall = 7 days

    a) the price of the stock changes by = $1.50 x 7

    = $10.5

    Price of stock decreased by $10.5

    b) Price of stock after 7 days

    = $36 - $10.5

    = $25.5

    the value of stock after 7 days is equal to $25.5
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