Question

If you bought a stock last year for a price of $79, and it has gone down 8.7% since then, how much is the stock worth now, to the nearest cent?​

Answer 1

67.55 rounded to the nearest cent.

Explanation:

The answer is 67.55 because since 100% minus 8.7% is 85.5% and 85.5% of 67.55 is 67.55 rounded.

Answer 2

72.13

Explanation:

If you bought a stock last year for a price of $79, and it has gone down 8.7% since then, how much is the stock worth now, to the nearest cent?​