Question

If you bought a stock last year for a price of $90, and it has gone down 13% since then, how much is the stock worth now, to the nearest cent?

Answer 1

Answer:

It is now $109.62. You would multiply .13 (13%) by 126 which would give you 16.38. You would then subtract 126-16.38 to get 109.62.

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Answer 2

Answer:

$78.30

Step-by-step explanation:

13% of 90 is 11.7, 90 - 11.7 = 78.3, therefore our answer is $78.30

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