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You bought $2000 worth of stocks in 2012. The value of the stocks have been decreasing by 10% each year. What will your stock be worth in 2017? Round to the nearest cent. $[worth]
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You bought $2000 worth of stocks in 2012. The value of the stocks have been decreasing by 10% each year.

What will your stock be worth in 2017? Round to the nearest cent.


$[worth]

User Sassa NF
by
8.2k points

1 Answer

5 votes
1000$ is the answer


Step by step
10% of 2000 is 200

200*5=1000
2000-1000=$1000.00
User Guus Geurkink
by
7.6k points
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