Lily bought stock in a company two years ago that was worth xx dollars. During the first year that she owned the stock, it decreased by 5%. During the second year the value of the stock decreased by 15%. Write an expression in terms of xx that represents the value of the stock after the two years have passed.

Question

01-03-2022
Mathematics

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Lily bought stock in a company two years ago that was worth xx dollars. During the first year that she owned the stock, it decreased by 5%. During the second year the value of the stock decreased by 15%. Write an expression in terms of xx that represents the value of the stock after the two years have passed.

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