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If you bought a stock last year for a price of $68, and it has gone down 6.5% since then, how much is the stock worth now, to the nearest cent?

If you bought a stock last year for a price of $68, and it has gone down 6.5% since then, how much is the stock worth now, to the nearest cent?
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If you bought a stock last year for a price of $68, and it has gone down 6.5% since

then, how much is the stock worth now, to the nearest cent?

User Ken Block
by
7.7k points

1 Answer

3 votes
(1 - 0.065)= 0.935
0.935 * 68 = 63.58
The answer is $63.58
User Dhaarani
by
9.0k points
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