The price of a share dropped by 3.50% by the end of the first year, down to $ 48.25. During the second year the price of the share dropped by $ 2.17. a. What was the price of the share at the beginning of the first year? b. what was the price of the share at the end of the second year? c. What was the percentage change in the price of the share over the two years
The price of a share dropped by 3.50% by the end of the first year, down to $ 48.25. During the second year the price of the share dropped by $ 2.17. a. What was the price of the share at the beginning of the first year? b. what was the price of the share at the end of the second year? c. What was the percentage change in the price of the share over the two years
Mathematics For Machine Technology
8th Edition
ISBN:9781337798310
Author:Peterson, John.
Publisher:Peterson, John.
Chapter24: Percent Practical Applications
Section: Chapter Questions
Problem 32A: A manufacturer estimates that 15,500 pieces per day could be produced with the installation of new...
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The price of a share dropped by 3.50% by the end of the first year, down to $ 48.25. During the second year the price of the share dropped by $ 2.17.
a. What was the price of the share at the beginning of the first year?
b. what was the price of the share at the end of the second year?
c. What was the percentage change in the price of the share over the two years
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