Question

Last month, an investor's stock portfolio was worth $46,950. The value of the stock portfolio fell by $2,388.50 each week for 4 weeks. What is the value of the stock portfolio at the end of the 4 weeks?

Answer 1

$37,396

Explanation:

take 2388.5x4 since there are 4 weeks = $9554

then you subtrct since the portfolio fell.

So $46,950-9554 = $37,396