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$9,000 is invested in a stock that loses 3%/yr on average. What is its worth after 6 years? Value:​

$9,000 is invested in a stock that loses 3%/yr on average. What is its worth after 6 years? Value:​
asked 1.1k views
19 votes
$9,000 is invested in a stock that loses 3%/yr on average. What is its worth after 6 years? Value:​

asked
User Fabian Bigler
by
8.3k points

1 Answer

8 votes
It would be worth $7496.75 after 6 years
answered
User Nishanth Shaan
by
8.6k points
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