Question

You invested into a content management company that specializes in peer to peer networks four years ago with a stock value

of $56.30 a share. Today, a single share of the company is worth $32.21. Given this information, determine the decay factor
for the four year period and round your answer to the hundredth place.
a 57.0
C. 570
b. 0.57
d. 1.57

Answer 1

0.57

Explanation:

56.30 divided by 1.57=32.21