dimitri paid the same price for five different stocks. the table shows the change in the price of the stocks…
dimitri paid the same price for five different stocks. the table shows the change in the price of the stocks since he purchased them. which stock is closest to the purchase price? stock a stock b stock c stock d
Answer
Explanation:
Step1: Find the absolute value of each change
The absolute value of a number (x), denoted as (|x|), gives the distance of (x) from (0) on the number line. For Stock A: (| - 4.15|=4.15) For Stock B: (|+1.30| = 1.30) For Stock C: (|+8.75|=8.75) For Stock D: (|-10.10| = 10.10) For Stock E: (|-3.55|=3.55)
Step2: Compare the absolute values
We compare the values (4.15), (1.30), (8.75), (10.10), (3.55) Since (1.30<3.55 < 4.15<8.75<10.10)
Answer:
Stock B