An investment account began with a balance of $650. At the end of the first year, the account showed a huge loss. The account statement shows that the rate of decline was 42%. What is the new balance on

An investment account began with a balance of $650. At the end of the first year, the account showed a huge loss. The account statement shows that the rate of decline was 42%. What is the new balance on the account?

-0.546

-273

-377

-2730

2 Answers

An investment account began with a balance of $650. At the end of the first year, the account showed a huge loss. The account statement shows that the rate of decline was 42%. W…

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