If you bought a stock last year for a price of $33, and it has gone down 4% since then, how much is the stock worth now, to the nearest cent?

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Respuesta :

Answer:

The answer should be $31.68

Step-by-step explanation:

Well to find 4% lower we have to find 4% of 33. To find that we have to do 33 X 0.04 and get 1.32. Now we have to subtract 1.32 from 33 and you get 31.68.

wrexn

Answer:

See below.

Step-by-step explanation:

First, divide the percent to find the decimal form.

[tex]\frac{4}{100} =0.04[/tex]

Then, multiply the percentage by the total.

[tex]33 *0.04=1.32[/tex]

Last, subtract it by the total.

[tex]33-1.32=31.68[/tex]

Answer: [tex]31.68[/tex]

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