The price of one share of xyz inc's stock drop by $0.02 on monday. on tuesday the price goes back up by $0.05. write an expression with three terms to show the change in price of xyz stock. if one share of xyz stock cost $34.18 at the start of business on monday morning, what is the price of the one share of xyz stock at the close of business on tuesday evening?

1. $(x+0.03) - $x

2. $ 34.21

Step-by-step explanation:

Let the price of XYZ inc's share to be = $ x

On Monday, the price drops by $ 0.02 = $ x- $ 0.02 = $ (x-0.02)

New price of shares on Monday is = $ (x- 0.02)

On Tuesday the price goes up by $0.05 = $ (x-0.02) + $ 0.05 = $(x-0.02+0.05)

New price on Tuesday = $( x+ 0.03)(a)

Change in price of one share of XYZ's stock= Price on Tuesday - price of share

                                         = $(x+0.03) - $x(b)

2. Give that x= $34.18  solve equation (a) above

Price on Tuesday at close of business= $ (x+0.03)

                                                               = $ (34.18+0.03)

                                                                = $ 34.21

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