The value of the stock account at the end of each day is mathematically given as
x=1010$.
What is the value of the stock account at the end of each day?
Generally, The price of the stock would have climbed by 1000 points, which is equal to 0.1 times 1000, or 10 dollars.
Therefore, the price of the stock would be 1010 dollars plus 10 dollars, which is 1020 dollars.
In conclusion, Cheryl was required to pay a ten dollar administrative fee, and this cost would be deducted from the stock price.
Following this logic, the price of the stock would be
x=1020-10
x=1010$.
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