The value of investments in the stock market change daily. Suppose you buy a stock for $150O. It decreases in value by 5% and then rises 7%. What is the new value? (Round to the nearest cent as needed.)

Holt Mcdougal Larson Pre-algebra: Student Edition 2012
1st Edition
ISBN:9780547587776
Author:HOLT MCDOUGAL
Publisher:HOLT MCDOUGAL
Chapter7: Percents
Section7.7: Simple And Compound Interest
Problem 15E
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The value of investments in the stock market change daily. Suppose you buy a stock for $150O. It decreases in value by 5% and then
rises 7%. What is the new value? (Round to the nearest cent as needed.)
Transcribed Image Text:The value of investments in the stock market change daily. Suppose you buy a stock for $150O. It decreases in value by 5% and then rises 7%. What is the new value? (Round to the nearest cent as needed.)
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