10
lesson pretestMath Formula

Pretest

Question 10 • Financial Math

A stock is trading for $⁢25.75 A broker orders that the stock be sold immediately if it goes up or down by 8% of the current price. Let x be the price of the stock at any point in the future. Write an absolute value equation to represent the requirements. Enter your answer in the box.

Answer

Math Formula Answer:

|x-25.75|=2.06