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Luis bought stock at $75.40. The next day, the price increased $19.25. The new price changed by -5 3/4% the following day. What was the final stock price, rounded to the nearest…

Luis bought stock at $75.40. The next day, the price increased $19.25. The new price changed by -5 3/4% the following day. What was the final stock price, rounded to the nearest…
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Luis bought stock at $75.40. The next day, the price increased $19.25. The new price changed by -5 3/4% the following day. What was the final stock price, rounded to the nearest cent? Is your answer reasonable?

asked
User Tomas Creemers
by
7.9k points

1 Answer

4 votes
75.40
+19.25=
94.65*-5 3/4%
or
94.65*-5.75%=-5.448125

94.65-5.45= $89.30
answered
User Shakti Kumar Das
by
8.0k points
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