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On June 1st, the value of an investment was $1400. During the month of June, the value decreased by 15%. During the month of July, the value increased by 10%. What was the value of the investment on August 1st?

User Kyau
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2 Answers

5 votes
1330 would be the answer
User Gonzalo Lucero
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3.3k points
9 votes

Answer:

1330.

Explanation:

15% - 10% = 5%

5% of 1400 is 70.

$1400 - $70 = 1330.

The investment had decreased in value.

User Edna
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