softball2323
contestada

Stock for a company fell $1.75 per hour for 4
hours during trading, but then gained back
$2.15 per hour for the next 4 hours until the
stock market closed. If the price was
$156.00 when trading opened, what was the
stock worth when trading ended?

Plzzz I need this

Respuesta :

Answer:

Hence, making the stock worth when trading ended $157.6

Step-by-step explanation:

Total at the beginning is $156

Step One:

Try to find the equation for when the Stock for a company fell $1.75 per hour for 4 hours, you'll first need to know how much $1.74 per hour for 4 hours is;

1.75(4)=7

Than subract the answer above (7) from the total in the beginning to see exactly how much fell;

156-7=149

Step Two:

Furthermore, it states; "..but then gained back $2.15 per hour for the next 4 hours until the stock market closed..."

so now you need to take the answer from Step One, 149 and add 2.15 for every hour for 4 hours;

149+2.15(4)=157.6

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