Answer:
$1003.84615
Step-by-step explanation:
130.5 = x * 0.13
130.5/0.13 = x
x = 1003.84615
We know that
1) <span>Luis bought stock at ---------------> $66.80
2) </span><span>The next day, the price increased $13.85--------> $66.80+$13.85=$80.65
3) </span><span>This new price changed by −2 3 /4 % the following day
2 3/4%----> (2*4+3)/4----> 11/4 %----> 2.75%
so
(100%-2.75%)-----> 97.25%
t</span><span>he final stock price is $80.65*0.9725-----> $78.43
the answer is
</span>$78.43<span>
</span>
2 times 25 equals 50. 3 times 100 is 300. 50+300=350
Word problems describe a situation where something mathematical can be found out about a system. Often, it's a real-world measurement (like numbers of apples, ages of people, inches, feet, etc.) and usually have more than one object being discussed.
The answer must be expressed in specific units so the value cannot be confused with other measurements discussed in the problem.