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Sagot :
Answer:
Let's take each share by itself first.
First, the value of each share rose by 2. So we have +2. Then it fell by 5. So we have 2 - 5 = -3. Each share has a net value of negative 3.
Dave owns 15 shares. So 15 * (-3) = -45.
-$45
In short, the answer is $45
Let x = the current value of the stocks
So if each stock increases by 2 dollars - the total value increases by 15 lots of $2
x + (15 x 2) = the new value (we will call this n)
Each stock then decreases in value by $5
So…
n - (5 x 15) = the final value of the stocks (we will call it f)
$2 - $5 = -3$
And -3 x 15 = -45
So Dave has lost $45 in shares
Let x = the current value of the stocks
So if each stock increases by 2 dollars - the total value increases by 15 lots of $2
x + (15 x 2) = the new value (we will call this n)
Each stock then decreases in value by $5
So…
n - (5 x 15) = the final value of the stocks (we will call it f)
$2 - $5 = -3$
And -3 x 15 = -45
So Dave has lost $45 in shares
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