# Changes in Stock Price - ALGEBRA

by SHA
(ATLANTA, GA )

THE PRICE OF A CERTAIN STOCK AT THE BEGINNING OF THE WEEK \$61. HERE ARE THE CHANGES IN PRICE DURING THE WEEK: +3,+2,-1,-4,-5. WHAT IS THE PRICE OF THE STOCK AT THE END OF THE WEEK?

### Comments for Changes in Stock Price - ALGEBRA

 Mar 12, 2012 Changes in Stock Price by: Staff Question:by SHA (ATLANTA, GA ) THE PRICE OF A CERTAIN STOCK AT THE BEGINNING OF THE WEEK \$61. HERE ARE THE CHANGES IN PRICE DURING THE WEEK: +3,+2,-1,-4,-5. WHAT IS THE PRICE OF THE STOCK AT THE END OF THE WEEK?Answer:Since the early 2000’s the NYSE and the American Stock Exchange have used decimal pricing (rather than eights or sixteenths of a dollar).However, the problem statement does not state whether the +3, +2, etc represents dollar changes or percent changes.Assuming the changes indicate dollar changes:\$61 +3 +2 -1 -4 -5 = \$56The price at the end of the week = \$56Thanks for writing. Staff www.solving-math-problems.com

 Mar 12, 2012 thanks by: Anonymous thank you i do have 2 more i need help with