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[20 points] Percent Math Question
Please help!!!!!!!!!


If you bought a stock last year for a price of $37, and it has gone down 11% since then, how much is the stock worth now, to the nearest cent?

Respuesta :

TaeKwonDoIsDead

Answer:

$32.93

Step-by-step explanation:

Stock price has decreased by 11% from $37.

So we need to subtract 11% of 37 FROM 37.

What is 11% of 37?

[tex]\frac{11}{100}*37=4.07[/tex]

Now we need to SUBTRACT 4.07 from 37.

37 - 4.07 = 32.93

The stock is worth $32.93 now.

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