The value of investments in the stock market change daily. Suppose you buy a stock for $4,811. It increases in value by 7% and then decreases 8% and then increases again by 9%. What is the new value? (round your answer to the nearest cent)

The value of investments in the stock market change daily. Suppose you buy a stock for $4,811. It increases in value by 7% and then decreases 8% and then increases again by 9%. What is the new value? (round your answer to the nearest cent)

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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