One of the math applications is to convert fractions to
decimals. When you turn to the business section of a newspaper, you
will see pages of numbers, arranged in lines that appear like
this:
|
52Wk Hi |
52 Wk Lo |
Stock |
Sym |
Div |
Yld% |
PE |
Vol/100 |
Hi |
Lo |
Close |
Net Chg. |
| 72
5/8 |
51
1/8 |
Coca-Cola |
KO |
0.56 |
0.9 |
39 |
21304 |
66
3/8 |
64
1/4 |
65
1/2 |
-1
1/8 |
Stock Quotes Key:
- Stock: name of company (Coca-Cola)
- 52 Weeks High: highest price per share for the
year ($72 5/8)
- 52 Weeks Low: lowest price per share for the
year ($51 1/8)
- High: highest price per share for the day ($66
3/8)
- Low: lowest price per share for the day ($64
1/4)
- Close: price of a share at the close of the
day ($65 1/2)
- Change: the amount of change from the previous
day’s closing (-1 1/8)
When investing in stocks, the investor must learn how to read
the financial page. Since all the numbers in stock quotes show
fractions, the investor needs to learn how to convert fractions to
decimals.
Here are some examples of fractions that have been converted to
decimals.
 |
 |
 |
|
1/8 |
0.125 |
0.13 |
|
1/4 |
0.250 |
0.25 |
|
3/8 |
0.375 |
0.38 |
|
3/4 |
0.750 |
0.75 |
|
7/8 |
0.875 |
0.88 |
Use the 'Get Quote' box above (top left-hand corner) to get the
stock quotes of IBM and General Electric. Type in 'ibm ge' and
separate the symbols with a space. Then click the Get Quote button.
Compare this table with the one shown in the newspaper.
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