Answered

Westonci.ca offers fast, accurate answers to your questions. Join our community and get the insights you need now. Discover a wealth of knowledge from experts across different disciplines on our comprehensive Q&A platform. Get immediate and reliable solutions to your questions from a community of experienced professionals on our platform.

Now suppose you buy a stock for $3,500. It decreases in value by 3% and then rises 8%. To the nearest cent, what is the new value of the stock now?

Sagot :

The new value of the stock after the percentage decrease and increase is  $3666.60.

What is the new value of the stock?

Percentage is the fraction of an amount expressed as a number out of hundred. Percentage is a measure of frequency.

Value of the stock after the decrease = (100 - 3) x $3500 = $3395

alue of the stock after the increase = (100 + 8) x 3395 = $3666.60

To learn more about percentages, please check: https://brainly.com/question/25764815

Thank you for your visit. We're committed to providing you with the best information available. Return anytime for more. Your visit means a lot to us. Don't hesitate to return for more reliable answers to any questions you may have. Keep exploring Westonci.ca for more insightful answers to your questions. We're here to help.