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Marrrta [24]
2 years ago
14

If you bought a stock last year for a price of $129, and it has gone down 5.1% since then, how much is the stock worth now, to t

he nearest cent?
Mathematics
1 answer:
irina [24]2 years ago
5 0

Answer:

<em>See below.</em>

Step-by-step explanation:

First, you want to turn the percentage into a decimal. To do that, divide the percentage by 100.

\frac{5.1}{100} =0.051

Next, multiply the percentage by the price.

129*.051=6.579

6.579 rounded to the nearest cent would be 6.58.

Last, you would subtract to find the answer.

129-6.58=122.42

<em>Answer: $122.42</em>

<em></em>

<em>:)</em>

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