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A certain stock starts the day at $273/8 per share. If it drops $21/2 during the day, what is its closing value? A. $251/8 B. $257/8 C. $247/8 D. $241/8
A certain stock starts the day at $27 3/8 per share. If it drops $2 1/2 during the day, its closing value is $24 7/8. Solution: 27 3/8 - 2 1/2 = 219/8 - 5/2 = 219/8 - 20/8 = 199/8 = 24 7/8 (answer)
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Asked 2/26/2019 6:11:10 AM
Updated 86 days ago|7/27/2020 1:44:21 PM
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A certain stock starts the day at $27 3/8 per share. If it drops $2 1/2 during the day, its closing value is $24 7/8.
Solution:
27 3/8 - 2 1/2
= 219/8 - 5/2
= 219/8 - 20/8
= 199/8
= 24 7/8 (answer)
Added 86 days ago|7/27/2020 1:44:21 PM
This answer has been confirmed as correct and helpful.
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