Step 3: Enter your full question details here The question is a word problem tha

Question

Step 3: Enter your full question details here
The question is a word problem that I am unsure how to work. If you own 1000 shares of Dover stock, then how much value did your Dover investment lose during the time from prior closing ( amout is 43 9/16) until 12:29pm today and the change amount is 2 3/16 and that number is in the box befor the time unsure if it is relevent. And do you think this is a cause for concern? Thank you for your help:) Step 3: Enter your full question details here
The question is a word problem that I am unsure how to work. If you own 1000 shares of Dover stock, then how much value did your Dover investment lose during the time from prior closing ( amout is 43 9/16) until 12:29pm today and the change amount is 2 3/16 and that number is in the box befor the time unsure if it is relevent. And do you think this is a cause for concern? Thank you for your help:)

Explanation / Answer

This is an easy question, the time is irrelevent. You start with 1000 shares at $43 9/16 and I assume it decreases by $2 3/16. First, find out how much your beginning with by multplying 1000 by 43 9/16. What you want to do is subtract the start by the change to get the vaule now multply that by 1000 to get how much its worth. Then subtract the amount it was worth when you started by the amount worth now to get how much you lost.

Related Questions

Navigate

• Browse (All)
• Browse S
• Subjects

---

---

Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.