martin2003 martin2003

10-03-2018
Mathematics

contestada

Jose owns 40 shares of stock A whose price increased by $0.75 per share. He also owns 100 shares of stock B whose price decreased by $0.20 per share. What is the total change in the value of Paul’s stock (A and B together)?

PLEASE HELP!

Respuesta :

amorcarlaz97ov3t9d amorcarlaz97ov3t9d

10-03-2018

it will increase the current value.

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sqdancefan sqdancefan

10-03-2018

40*$0.75 +100*(-$0.20) = $30 -20 = $10

Paul's portfolio increased in value by $10.

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