Question

If you bought a stock last year for a price of $128, and it has gone down 14.7% since then, how much is the stock worth now, to the nearest cent?

Answer 1

Answer:

so, you've lost 14.7 percent of value. or, in other words, you still have 85.3 percent of value.

Step-by-step explanation:

so just so .853 times 128 and you're there I'm too lazy to grab calc but please give me brainliest answer

Answer 2

Answer: $109

Step-by-step explanation:

Given stock at last year = $128

14.7 percent decrease = 14.7/100 × 128

=$18.8

To get the Current worth of stock, we then subtract 14% decrease from the worth of stock as at last year:

= $128 - $18.8

=$109.18 to the nearest cent is $109

I hope this helps.