12
QuizMultiple Choice

Investment Data — Quiz

Question 12 • Financial Math

What was the approximate net change from Day 4 to Day 5? Express that net change as a monetary amount and as a percent to the nearest tenth using the formulas: Net change=closing price on day 5−closing price on day 4 Percent change=((net change)/(closing price on day 4))⋅100

Answer
A
dollars plus 3 and plus 5 point 6 percent
B
dollars plus 4 and plus 7 point 4 percent
C
dollars plus 1 and plus 1 point 9 percent
D
dollars plus 2 and plus 3 point 7 percent
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