The price of a stock decreased $2 per day for four consecutive days. What was the total change in value of the stock over the fo

Question

2 years ago

13

ur day period?

2 answers:

Elena L [17] · Answer 1 · 2022-04-29T16:34:02+03:00

6 0

It changes by 2 for four days, so it's -$8

bija089 [108] · Answer 2 · 2022-04-29T18:49:32+03:00

<h2>Answer:</h2>

The total change in value of the stock over the four day period is:

( i.e. - $ 8 )

<h2>Step-by-step explanation:</h2>

It is given that:

The price of a stock decreased $2 per day for four consecutive days.

i.e. each day the cost is decreased by: $ 2

Hence, in 4 days the total reduction in cost is: 4×2= $ 8

<em>Hence, the total change in value of the stock is: -$ 8.</em>