tessanichols2003 tessanichols2003
  • 15-03-2021
  • Mathematics
contestada

You bought $2000 worth of stock in 2012. The value of the stock has been depreciating by 12%
each year.
What was the stock worth in 2017? Round your answer to the nearest cent. *

Respuesta :

nonee12223 nonee12223
  • 15-03-2021

Answer:

$2000.00 X 12% =$240.00

$240.00 X 5 = $1200.00

Answer $1200.00

Step-by-step explanation:

Answer Link

Otras preguntas

2120 Question #7MultipleChoice Show Answer Subtract the following fractions. (Reduce answers to lowest terms.) 3/10 - 1/4= 3/14 3/6 1/2 1/20
Why did the Constitution not get signed right away?
Lcm of 4 , 8 , 12???
What is 25.894 - 12.65
A car covers a distance of 14.75km in 20 minutes. In how many seconds, will it cover a distance of 73.75km
why are sharp instrument are harmful for us?​
Find the midpoint of the segment with the following endpoints. (-1,9) and (-7,1)
In the first 1/6 hour of a rain storm, 1/10 inch of rain fell. If the rain continues to fall at the same rate, how much rain fell in 2 1/2 hours?
What is loveand it's causes​
What happens if we increase the value of the resistor in forward bias connection?