Answer:
Step-by-step explanation:
During the first year, ABC's stock price starts at $100 and increases by 100%. This means that the amount by which the stock increased would be
100/100 × 100 = $100
The new price of the stock would be 100 + 100 = $200
During the second year, its stock price goes down 25% from its price at the end of the first year. This means that the amount by which the stock reduced is
25/100 × 200 = 0.25 × 200 = $50
Therefore, the price of the stock, in dollars, at the end of the second year is
200 - 50 = $150
<span>interest = $580 x 0.065 = $37.70
answer
interest for the year is </span>$37.70
Answer:
7 1/2
Step-by-step explanation:
2 1/2 ÷ 1/3
Change the mixed number to an improper fraction
2 1/2 = (2*2+1)/2 = 5/2
5/2 ÷ 1/3
Copy dot flip
5/2 *3/1 = 15/2
Changing back to a mixed number
2 goes into 15 7 times with 1 left over
7 1/2
15 pounds / 35 sandwiches ~ 0.43 pounds ham per sandwich
