Luis bought the stock at $85.00. The next day, the price increased by $15.25. This new price changed by −6 3/4% the following day. What was the final stock price, rounded to the nearest cent? Is your answer reasonable? Complete the explanation.
The final stock price is $____. The price on day 3 (is/is not approximately or is approximately)equal to $94, so my answer (is not/ is)reasonable.