No idea but if you solve this I would really appreciate it♥️
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So, the stock value at the end of December was $349.52
1.) From the table, the change in price in January was a positive $33.88.
Simply add $33.88 to $349.52 (which equals to $383.40)
2.) From the table, the change in price in February was a negative $48.59.
Simply subtract $48.59 from the total (which equals to $334.84)
3.) From the table, the change in price in March was a positive $12.77.
Simply add $12.77 to the previous total (which now equals to $347.58)
Before I begin, remember:
At the end of March, the total stock value was $349.52. In January, the price increased by $33.88. That means you need to add $33.88 to the price in the beginning.
[tex]\$349.52 + \$33.88 = \$383.40[/tex]
Your current price is $383.40. In February, the price decreased by $48.59. Subtract $48.59 from the current price.
[tex]\$383.40 - \$48.59 = \$334.81[/tex]
The new current price is $334.81. At last, in March, the price increases by $12.77. Add $12.77 to the current price to get your final answer.
[tex]\$334.81 + \$12.77 = \$347.58[/tex]
Your answer is $347.58, which is the 3rd choice.