SOLUTION: in 2002, the price of general electric's stock dropped 8%. p= price of general electric stock what is the price of general electric stock after the drop?

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Question 520119: in 2002, the price of general electric's stock dropped 8%.
p= price of general electric stock
what is the price of general electric stock after the drop?

Answer by Tatiana_Stebko(1539)   (Show Source): You can put this solution on YOUR website!
after drop the price is 100-8=92% of old price
therefore

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