A stock that sold for $240 per share before a week began had the following gains and losses in share price over the course of that week. Monday ( - 2 3/4 ),

Tuesday ( - 3 1/8 ), Wednesday ( + 1 1/8 ), Thursday ( + 5 ), Friday ( - 2 1/4 ).
Suppose an investor bought 100 shares of this stock on Monday morning for $240 per share.Which statement describes the value of her investment at the end of the week ?

a. The value had increased by more than $200

b. The value had increased by $200

c. The value had decreased by $200

d. The value had decreased by more than $200

please answer and explain

Add up the share's gains and losses for the week.

( - 2 3/4 )+( - 3 1/8 )+( 1 1/8 )+(5)+( - 2 1/4 )= -2

??? -2, i didn't see answer had -2

is it answer c

Yes. C.

To determine the value of the investor's investment at the end of the week, we need to calculate the total gain or loss in dollars based on the given fluctuations in share price.

First, let's calculate the change in share price for each day:

Monday: -2 3/4 = -2.75
Tuesday: -3 1/8 = -3.125
Wednesday: +1 1/8 = +1.125
Thursday: +5
Friday: -2 1/4 = -2.25

Now, let's calculate the total change in share price over the week by summing up the daily changes:

-2.75 + (-3.125) + 1.125 + 5 - 2.25 = -2.75 - 3.125 + 1.125 + 5 - 2.25 = -2.25

The total change in share price over the week is -2.25.

Next, we need to calculate the value of the investor's investment on Friday. Since the investor bought 100 shares at $240 per share on Monday, the initial investment was:

100 shares * $240 = $24,000

To find the value at the end of the week, we need to subtract the total change in share price from the initial investment:

$24,000 - $2.25 = $23,997.75

The value of the investor's investment at the end of the week is approximately $23,997.75.

Now let's analyze the statements:

a. The value had increased by more than $200 - False. The value decreased by $2.25, not increased.

b. The value had increased by $200 - False. The value decreased by $2.25, not increased.

c. The value had decreased by $200 - False. The value decreased by $2.25, but not by $200.

d. The value had decreased by more than $200 - True. The value decreased by $2.25, which is more than $200.

Therefore, the correct answer is (d) The value had decreased by more than $200.