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The company stock you are monitoring for your Economics class increases five-eighths point the first week and then it increases one- half point the second week and one-quarter point the third week. What is the total increase during the three weeks?

Answer :

Parrain

Based on the change in the company stock over the three weeks, the total increase in those three weeks is 1.38%.

how much did the stock increase by?

assuming the stock has a value of $1, the value in the third week would be:
= 1 x (1 + 5/8%) x (1 + 1/2%) x (1 + 1/4%)

= $1.013809453125

the total increase is:
= (1.013809453125 - 1) / 1

= 1.38%

find out more on stock price change at https://brainly.com/question/23856103.

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