The price of stock dropped 20% in one month. The following month,it's price increased by 20%.Is the stock above or below its starting price? Justify your answer by showing calculations
The price of stock dropped 20% in one month. The following month,it's price increased by 20%.Is the stock above or below its starting price? Justify your answer by showing calculations
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 stock dropped 20% in one month. The following month,it's price increased by 20%.Is the stock above or below its starting price? Justify your answer by showing calculations
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