Question

Please help!

find the ending size or value for the tenth or tenth of a percent.
given percent change.

a. A $100 stock loses 20% of its value.

b. An $80 stock gains 20% of its value.

Answer 1

Answer: a. A $100 stock loses 20% of its value.

To find the ending value of the stock after a 20% decrease in value, we can multiply the initial value by (1 - 0.20) or 0.80.

Ending value = $100 x 0.80 = $80

Therefore, the ending value of the stock after a 20% decrease is $80.

b. An $80 stock gains 20% of its value.

To find the ending value of the stock after a 20% increase in value, we can multiply the initial value by (1 + 0.20) or 1.20.

Ending value = $80 x 1.20 = $96

Therefore, the ending value of the stock after a 20% increase is $96.

Step-by-step explanation: :)