the value of a saving bond is 50$. it decreased by 4% in 2020. what is the price of savings bond on 12/31/20?

Question

the value of a saving bond is 50$.
it decreased by 4% in 2020.
what is the price of savings bond on 12/31/20?

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Eirian 5 years 2021-08-13T17:34:19+00:00 1 Answers 10 views 0

Answers ( )

  1. Ben
    0
    2021-08-13T17:35:22+00:00
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    Answer: $48

    Step-by-step explanation:

    100-4=96%

    96/100 = 0.96 (multiplier)

    50 x 0.96 = 48

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