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20 February, 11:40

Dave owns 15 shares of ABC mining stock. on monday the value of each shares rose $2 but on tuesday the value fell $5. what is the change in the value of dave's shares?

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  1. 20 February, 12:21
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    First, the value of each share rose by 2. So we have + 2.

    Then it fell by 5. So we have

    2 - 5 = - 3

    Each share has a net value of negative 3.

    Dave owns 15 shares. So,

    15 * (-3) = - 45.

    So, there is a net loss of $45.
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