en

English

Español

Português

Français

Deutsch

Italiano

Русский

中文(简体)

한국어

日本語

Tiếng Việt

עברית

العربية

Popular >

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?

Solution

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?

Solution

Amount after reduction : 31.68

Solution steps

Translate the problem into an equation:

x = 33 - 0.04 \cdot 33

x = 33 - 0.04 \cdot 33 : x = 31.68

Amount after reduction : 31.68

Popular Examples

Find two consecutive whole numbers that sqrt(104) lies between.8 minus 4 times some number 3 less than double a number Translate the sentence into an equation.:The sum of 4 times a number and 3 is 9:Use the variable x for the unknown number.The sum of 5 consecutive integers is 265.What is the fifth number in this sequence?