A stock increased in value by 7% on Wednesday and then decreased in value by 4% on Thursday. What was the net percentage increase in the value of the stock from the end of the day on Tuesday to the end of the day on Thursday? A)2.72% B)2.88% C)3.00% D)3.28%

I wonder if this question must hypothesize that the value on Tuesday should be an actual value, or we can hypothesize x which is the value on Tuesday. Thank you so much. Plz help > <

2 answers

What is (1.07)(.96) ?

1.0272