Question

On Monday, the value of a company's shares was
$7.50. This price increased by 6% on Tuesday,
decreased by 1.5% on
Wednesday, and decreased
by 2% on Thursday.
Find the value of each share
when trade opened
on Friday.

By using this method,
final value = (1+x%)(1+y%)(1+z%)

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Answer 1

Answer:

Step-by-step explanation:On Monday, the value of a company's shares was Rs. 7.50 . The price increased by 6% on Tuesday, decreased by 1.5% on Wednesday, and decreased by 2% on Thursday. ...

Top answer · 3 votes

Value of share on Monday = 7.5 On Tuesday (increase):Value = 7.5 + 6 = 7.95 On Wednesday (decrease):Value = 7.95 - 1.5 = 7.83 On Thursday (increase):