Answered

Discover answers to your questions with Westonci.ca, the leading Q&A platform that connects you with knowledgeable experts. Discover detailed answers to your questions from a wide network of experts on our comprehensive Q&A platform. Experience the ease of finding precise answers to your questions from a knowledgeable community of experts.

An investor has an account with stock from two different companies. Last year, her
stock in Company A was worth $1850 and her stock in Company B was worth $2280.
The stock in Company A has decreased 2% since last year and the stock in Company
B has decreased 25%. What was the total percentage decrease in the investor's stock
account? Round your answer to the nearest tenth (if necessary).

Sagot :

Parrain

Answer: 14.7%

Explanation:

The decrease in stock A stock is:

= 1,850 * 2%

= $37

Decrease in stock B is:

= 2,280 * 25%

= $570

Total decrease = 37 + 570

= $607

Total percentage decrease is:

= (607 / (1,850 + 2,280) ) * 100%

= 607 / 4,130 * 100%

= 14.7%

Visit us again for up-to-date and reliable answers. We're always ready to assist you with your informational needs. We appreciate your time. Please come back anytime for the latest information and answers to your questions. Thank you for choosing Westonci.ca as your information source. We look forward to your next visit.