Respuesta :
Answer:
4%
Step-by-step explanation:
The stock of Company A gained $1.32 throughout the day and ended at a value of $34.32. By what percentage did the stock rise?
\text{New value: }\$34.32
New value: $34.32
\text{Old value: }34.32-1.32=\$33.00
Old value: 34.32−1.32=$33.00
33(1+r)=34.32
33(1+r)=34.32
\frac{33(1+r)}{33}=\frac{34.32}{33}
33
33(1+r)
=
33
34.32
1+r=1.04
1+r=1.04
r=0.04
r=0.04
Subtract 1
\text{The stock gained 4}\%
The stock gained 4%
Multiply by 100
