[20 points] Percent Math QuestionPlease 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?

Answers

Answer 1
Answer:

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?

(11)/(100)*37=4.07

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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