dylansullivan0332 dylansullivan0332
  • 04-04-2022
  • Mathematics
contestada

Now suppose you buy a stock for $3,500. It decreases in value by 3% and then rises 8%. To the nearest cent, what is the new value of the stock now?

Respuesta :

ewomazinoade ewomazinoade
  • 07-04-2022

The new value of the stock after the percentage decrease and increase is  $3666.60.

What is the new value of the stock?

Percentage is the fraction of an amount expressed as a number out of hundred. Percentage is a measure of frequency.

Value of the stock after the decrease = (100 - 3) x $3500 = $3395

alue of the stock after the increase = (100 + 8) x 3395 = $3666.60

To learn more about percentages, please check: https://brainly.com/question/25764815

Answer Link

Otras preguntas

Write 3.01 (the one repeating) as a mixed number in simplest form.
Factor completely. 2x^2-162
What is definition of matter?
Can anyone help me with this question? PLEASE THIS IS DUE VERY SOON!!!! Why would aquatic species need strong arm like bones in order to evolve into creatures t
What happens when 2chloro 2 methyl propane reacts with alc.koh?? ​
If my mom grounds me and I start floating am I still grounded?
The momentum of a 2500 kilogram car traveling at 20 meters per second is *
What type of compound is Silver (II) phosphate?
Jackie is planning a birthday party for her little brother and is researching different trampoline parks. She receives a pop-up asking for her name, address, an
Which is a symptom of depression? planning for the future increased concentration decreased anger sleep disturbance