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When the value of TTT Sporting Goods stock lost 11 point, Lexi's stock market app represented the change as 1-1 point.\newlineThe next day, the change in value of the stock was represented as 5-5 points. Which of these describes the change in the stock's value?\newlineChoices:\newline(A)It lost 55 points.\newline(B)It neither lost nor gained.\newline(C)It gained 55 points.

Full solution

Q. When the value of TTT Sporting Goods stock lost 11 point, Lexi's stock market app represented the change as 1-1 point.\newlineThe next day, the change in value of the stock was represented as 5-5 points. Which of these describes the change in the stock's value?\newlineChoices:\newline(A)It lost 55 points.\newline(B)It neither lost nor gained.\newline(C)It gained 55 points.
  1. Understand the problem: Step 11: Understand the problem.\newlineThe problem states that Lexi's stock value decreased by 11 point one day and by 55 points the next day. We need to determine the total change over these two days.\newlineCalculation: 1-1 (first day) + (5)(-5) (second day) = 6-6
  2. Interpret the result: Step 22: Interpret the result.\newlineThe calculation shows a total decrease of 66 points over the two days.
  3. Match with choices: Step 33: Match the result with the given choices.\newlineThe total change is a loss of 66 points, which is closest to the option describing a loss of 55 points, since no exact match is provided in the choices.

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