Solve the problem.
-The price of Thearson stock fell $\frac{1}{8}$ of a dollar each week for 35 weeks in a row. What is the overall change in the stock price?
A) $-\$ 4 \frac{3}{8}$
B) $\$ 4 \frac{1}{4}$
C) $-\$ 4 \frac{1}{2}$
D) $\$ 4 \frac{5}{8}$

Question

Quizplus · Accepted Answer

The overall change is found by multiplying the weekly change by the number of weeks: $\frac{1}{8} \times 35 = \frac{35}{8} = 4 \frac{3}{8}$. Since the stock fell, the change is negative: $-\$ 4 \frac{3}{8}$.

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