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V125BC [204]
3 years ago
15

If you bought a stock last year for a price of 103$ and it has risen 13.5% since then, how much is the stock worth now, to the n

earest cent?​
Mathematics
1 answer:
DIA [1.3K]3 years ago
7 0

Answer:

$90.75

Step-by-step explanation:

103*100=(13.5%+100%)*x

10300=113.5x

x=10300/113.5

x=90.74889868

x=$90.75

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