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31 October, 16:17

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?

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  1. 31 October, 18:10
    0
    75.40

    +19.25=

    94.65*-5 3/4%

    or

    94.65*-5.75%=-5.448125

    94.65-5.45 = $89.30
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