Solve the Problem $\frac { 1 } { 16 }$ Tuesday's Was Up

Multiple Choice

Solve the problem.
-Monday's closing value of your company's stock was up $\frac { 1 } { 16 }$ . Tuesday's was up $\frac { 1 } { 8 }$ , Wednesday's was down $\frac { 1 } { 2 }$ , but Thursday's closing was up again by $\frac { 1 } { 4 }$ . Finally, the stock closed the week down $\frac { 3 } { 16 }$ . What was the net change for the week?

A) $- \frac { 1 } { 2 }$
B) $\frac { 3 } { 4 }$
C) $- \frac { 1 } { 4 }$
D) $\frac { 9 } { 8 }$