a company stock price dropped 10 a week for a year. How much will it have decreased by the end of the year
To find the total decrease in the stock price by the end of the year, we need to find the number of weeks in a year and multiply it by the decrease in price per week.
There are 52 weeks in a year.
Decrease in price per week = $10
Total decrease = 52 weeks × $10/week = $520.
Therefore, the stock price will have decreased by $520 by the end of the year.
To calculate the total decrease in stock price over a year, you can multiply the weekly decrease by the number of weeks in a year. In this case, the stock price drops by $10 every week, and there are 52 weeks in a year.
So, the total decrease in stock price over a year can be calculated as follows:
$10 (weekly decrease) x 52 (weeks in a year) = $520.
Therefore, the company stock price will have decreased by $520 by the end of the year.
To calculate the total decrease in the stock price over the course of a year, you need to know the number of weeks in a year and the amount it decreases each week.
1. Determine the number of weeks in a year: There are generally 52 weeks in a year.
2. Calculate the total decrease per week: In this case, the stock price is dropping by $10 each week.
3. Multiply the decrease per week by the number of weeks in a year: Multiply $10 by 52 weeks to obtain the total decrease in stock price over the year.
Therefore, the stock price will have decreased by $520 by the end of the year.