If you bought a stock last year for a price of $37, and it has gone down 11% since then, how much is the stock worth now, to the
nearest cent? (53 POINTS)
Don't have to show work please just solve.
1 answer:
Answer:
32.93
Step-by-step explanation:
The original price is 37
The percentage decrease is 11%
The amount of decrease is original price times percentage decrease
decrease = 37*11%
= 37*.11
=4.07
The new price is the old price minus the decrease
New price = old price - decrease
37-4.07
32.93
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