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professor190 [17]
3 years ago
14

The stock of Company A gained 3% today to $31.93. What was the opening price of the stock in the beginning of the day?

Mathematics
1 answer:
bogdanovich [222]3 years ago
8 0

Answer:

$31

Step-by-step explanation:

100% + 3% --- $31.93

103% --- $31.93

100% --- \frac{100}{103} × $31.93 = $31

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