ziyah101
ziyah101 ziyah101
  • 26-04-2021
  • Mathematics
contestada

If value of a $100 stock drops 10% one year, then increases 10% the next year, what is the value of the stock after the increase?​

Respuesta :

clarch19
clarch19 clarch19
  • 26-04-2021

Answer:

$99

Step-by-step explanation:

100 - (100 x .10)  = 90

90 + (90 x .10) = 99

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