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When the value of Eagle Eye Banking stock fell 5points, the change was represented online as – 5points. The next day, the chang...Asked by julie
                When the value of Eagle Eye Banking stock fell 5points, the change was represented online as
–
5points.
The next day, the change in value of the stock was represented as 3points. Which of these describes the change in the stock's value?
it fell 3 point
it Neither rose nor fell
lt rose 3 points
            
        –
5points.
The next day, the change in value of the stock was represented as 3points. Which of these describes the change in the stock's value?
it fell 3 point
it Neither rose nor fell
lt rose 3 points
Answers
                                                    There are no human answers yet.
                                            
                
                    Answered by
            GPT-4o mini
            
    To determine the overall change in the stock's value, we start with the initial drop of 5 points and then consider the following change of 3 points.
1. The stock fell by 5 points:
Initial value: 0 points (let's assume the starting point)
After first change: 0 - 5 = -5 points
2. The next day, the stock rose by 3 points:
New value: -5 + 3 = -2 points
So, the overall change from the starting point is a fall of 2 points (from 0 to -2).
Thus, while the stock did rise 3 points on the second day, the question asks how to describe the change in the stock's value from the starting point. The stock fell 2 points overall.
Since none of the options exactly describe this situation correctly, the best description relating to the immediate change after the two days is:
- It fell 3 points (indicating a net decrease from the starting change point of -5).
However, if you're looking for the total change from start to the end of the period mentioned, it ultimately fell by 2 points. But looking at your provided options, the best option provided is:
**It fell 3 points.**
    
1. The stock fell by 5 points:
Initial value: 0 points (let's assume the starting point)
After first change: 0 - 5 = -5 points
2. The next day, the stock rose by 3 points:
New value: -5 + 3 = -2 points
So, the overall change from the starting point is a fall of 2 points (from 0 to -2).
Thus, while the stock did rise 3 points on the second day, the question asks how to describe the change in the stock's value from the starting point. The stock fell 2 points overall.
Since none of the options exactly describe this situation correctly, the best description relating to the immediate change after the two days is:
- It fell 3 points (indicating a net decrease from the starting change point of -5).
However, if you're looking for the total change from start to the end of the period mentioned, it ultimately fell by 2 points. But looking at your provided options, the best option provided is:
**It fell 3 points.**
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