Elementary Algebra

Published by Cengage Learning
ISBN 10: 1285194055
ISBN 13: 978-1-28519-405-9

Chapter 1 - Some Basic Concepts of Arithmetic and Algebra - 1.4 - Integers: Multiplication and Division - Problem Set 1.4: 89

Answer

13,600

Work Step by Step

$800(19) + 800(2) + 800(4)(-1) =13,600$ In order to do this problem, we first multiply 800 by $19 to find the price of the original set of shares. We then multiply 800 by two to account for the additional increase in price. Finally, we multiply 800 by 4 and -1 by 800 to account for the 1 dollar decrease in stock price, which occurred on four days.
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