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t7Bartwomahee7ly
t7Bartwomahee7ly t7Bartwomahee7ly
  • 27-06-2016
  • Mathematics
Answered

at the beginning of the day stock cuz opened at $7.25 at the end of the day it closed at $6.88 what is the rate change of stock xyz

Verified Answer :

Edufirst
Edufirst Edufirst
  • 05-07-2016

The absolute change is the difference: 6.88 - 7.25 = -0.37

The rate of change is that divided by the originalprice x 100

Ratre of change: (-0.37/7.25 )*100 = -4.93%

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tannerperkins01 tannerperkins01
  • 02-03-2019

Answer:

Correct answer for apex is -5%

Step-by-step explanation:

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