Question

If you bought a stock last year for a price of $59 and it has gone down 16.8% since then, how much is the stock worth now, to the nearest cent? PLEASE HELP!!!!

Answer 1

$49.09

Explanation:

First multiply 59 and .168

59 x .168=9.91200

simplify 9.91200

9.91

Now subtract it from 59.

59-9.91