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
You might be interested in
Subtract 5x to both sides
-5, -7
The sequence is arithmetic.
Answer:
2 > 1
Step-by-step explanation:
-6 < -3 to -6/-3 > -3/-3 to 2 > 1
When dividing or multiplying by a negative, flip the inequality sign.
I = p * r * t
264 = p * .06 * 2
264 = .12p
Divide both sides by .12
p = $2200
