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]

My account
Edit my Profile
Private messages
My favorites

Ask a Question
Questions
Unanswered
Tags
Categories
Ask a Question

asked Oct 4, 2024 73.8k views

3 votes

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]

Mathematics
high-school

Sassa NF asked

by Sassa NF

8.0k points

0 Comments

Please log in or register to add a comment.

Please log in or register to answer this question.

1 Answer

5 votes

1000$ is the answer

Step by step
10% of 2000 is 200

200*5=1000
2000-1000=$1000.00

Guus Geurkink answered Oct 8, 2024

by Guus Geurkink

7.4k points

0 Comments

Please log in or register to add a comment.

Ask a Question

Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

9.0m questions

11.6m answers

0 Comments

Please log in or register to add a comment.

Please log in or register to answer this question.

1 Answer

0 Comments

Please log in or register to add a comment.

Other Questions