Concept explainers
To calculate: Total value of Sal’s shares of Acne Tube change between the opening of trading on Monday and the closing on Tuesday
Answer to Problem 57WE
Explanation of Solution
Given information: Sal owned 500 shares of Acne Tube. Each share of the stock had gained
Calculation:
Total number of shares
Points gained per share
So,
Total points gained
Points lost per share
So,
Total points lost
Therefore,
Total value of Sal’s shares of Acne Tube change between the opening of trading on Monday and the closing on Tuesday
Chapter 2 Solutions
Algebra: Structure And Method, Book 1
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