Luis bought stock at $67.30. the next day, the price increased $14.50. this new price changed by -3 3/4% the following day. what was the final stock price, rounded to the nearest cent?

The final stock price bought by Luis is $51.01.

Step-by-step explanation:

The initial price of the stock = $67.50

The decrease in the price, next day = $14. 50

So, Price of the stock the next Day  = Initial Amount - The reduced Amount

                                                             = $67.50 - $14. 50 = $53

or the amount of stock the next day = $53

Now, the new change in price of stock = -3 3/4%

3 3/4% = (3 + 3/4)%  = 3.75%

Calculating 3.75% of $53

or, -3 3/4%  is - $1.9875

So, the Final stock price = $53 - $1.9875

                                         = $51.01

Hence, the final stock price bought by Luis is $51.01.

i need a diagram

step-by-step explanation:

no