An investor has an account with stock from two different companies. Last year, his stock in Company A was worth $6600 and his st

Question

2 years ago

13

An investor has an account with stock from two different companies. Last year, his stock in Company A was worth $6600 and his st

ock in Company B was worth $3500. The stock in Company A has increased 7% since last year and the stock in Company B has increased 1%. What was the total percentage increase in the investor's stock account? Round your answer to the nearest tenth (if necessary). pls asap

Mathematics

1 answer:

Nonamiya [84] · Answer 1 · 2023-06-04T08:51:14+03:00

Nonamiya [84]2 years ago

7 0

Answer:

4.9%

Step-by-step explanation:

6600 * 107/100 = 66*107 = 7062.

3500 * 101/100 = 35x101 = 3535

7062+3535=10597. Original worth: 10100

10597-10100 = 497

497/10100 = 0.0492079208, or 4.92%, rounds to 4.9%