document.write( "Question 1056824: The value of your stock investment in a certain company decreased
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document.write( "10% over the last year. If the value of your stock investment is $10,000
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document.write( "today, then what was the value of your stock investment a year ago? Round your answer to the nearest cent, if necessary.\r
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Algebra.Com's Answer #671918 by jorel555(1290)![]() ![]() ![]() You can put this solution on YOUR website! If the value of the stock investment decreased by 10%, then it's value now is 1-10%, or 90% of what it once was. So: \n" ); document.write( ".9x=10000 \n" ); document.write( "x=10000/.9=$11,111.11 was the original value of the stock. ☺☺☺☺ \n" ); document.write( " |