jworrell138 jworrell138
  • 15-06-2020
  • Mathematics
contestada

Ryan buys shares of Tesla at $885 on Monday. On Thursday, the stock falls to $468, so he sells his shares. How much did he lose?

Respuesta :

alexmex1603
alexmex1603 alexmex1603
  • 15-06-2020
417 dollars he lost
Answer Link
Sarah06109
Sarah06109 Sarah06109
  • 15-06-2020

Answer:

417 dollars

Step-by-step explanation:

The amount he lost will be the difference between the buying price of the stock and the selling price.

To find the difference, subtract what he bought the stock for and what he sold the stock for.

buying price - selling price

He bought the stock at $885 and he sold the stock at $468.

$885- $468

Subtract 468 from 885

$417

He lost $417

Answer Link

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