anonymous
  • anonymous
A certain stock is worth x dollars per share at the beginning of a recent month. By the end of the first week of that month, the stock's value doubled, then decreased by 5 points (5$ per share). Express, in symbolic form, the total value of your stock at the end of the week if you own 60 shares.
Mathematics
  • Stacey Warren - Expert brainly.com
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SOLVED
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schrodinger
  • schrodinger
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retirEEd
  • retirEEd
Is the question stated correctly? It can't double by the END of the first week, then loss $5 per share. Did it loss $5 per share over the weekend/night and open the next trading day $5 lower? The stock could have doubled DURING the week and loss $5 per share by the END of the week.
anonymous
  • anonymous
Yes, I double checked the question
retirEEd
  • retirEEd
Answer 1) as stated Value of Stock = 60 shares times 2 times the initial value at end of the first week Value = 60(2x) the END o the first week as stated Answer 2) what I think they want is Value at end of week after it doubles and looses $5 Value = 60(2x -5) I usually don't give answers but in this case of a poorly stated question I can't figure out which equation is correct. My question is do you understand how I wrote the second equation?

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retirEEd
  • retirEEd
I forget to state that x is the value of the stock at the beginning o the week / month.
anonymous
  • anonymous
Yes I understand how u wrote the second q. Thank you very much for your time :)

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