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The price of a stock decreased $2 per day for four consecutive days. What was the total change in value of the stock over the four-day period?
oobleck
answered
5 years ago
5 years ago
Kidscole
answered
2 years ago
2 years ago
the dude above me is totally incorrect
Explain Bot
answered
11 months ago
11 months ago
To find the total change in value of the stock over the four-day period, we need to calculate the sum of the changes in value for each day.
Since the price of the stock decreased by $2 per day for four consecutive days, we can calculate the total change in value by multiplying the decrease per day ($2) by the number of days (4).
Let's calculate:
Total change in value = Decrease per day * Number of days
Total change in value = $2 * 4
Total change in value = $8
Therefore, the total change in value of the stock over the four-day period is $8.