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3 years ago

9

If value of a $100 stock drops 10% one year, then increases 10% the next year, what is the value of the stock after the increase

?

1 answer:

vekshin13 years ago

8 0

Answer:

$99

Step-by-step explanation:

100 - (100 x .10) = 90

90 + (90 x .10) = 99

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