SOLUTION: A stock index was ​$14,548.26 on November​ 5, 2014, and ​$13,558.78 on November​ 5, 2015. Tim holds an investment portfolio representative of the stocks in the index. If th

Algebra ->  Proportions  -> Lessons -> SOLUTION: A stock index was ​$14,548.26 on November​ 5, 2014, and ​$13,558.78 on November​ 5, 2015. Tim holds an investment portfolio representative of the stocks in the index. If th      Log On


   

Question 1135148: A stock index was ​$14,548.26 on November​ 5, 2014, and ​$13,558.78 on November​ 5, 2015. Tim holds an investment portfolio representative of the stocks in the index. If the value of the portfolio on November​ 5, 2014, was ​$222,304​, what was the value of the portfolio on November​ 5, 2015?

Answer by ikleyn(52780) About Me  (Show Source):
You can put this solution on YOUR website!
.
Use the proportion


13558.78%2F14548.26 = x%2F222304.


From the proportion, find  x = %2813558.78%2A222304%29%2F14548.26.


Use your calculator.

Solved.

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