You bought $2000 worth of stock in 2012. The value of the stock has been depreciating by 12% each year. What was the stock worth

Question

You bought $2000 worth of stock in 2012. The value of the stock has been depreciating by 12%
each year.
What was the stock worth in 2017? Round your answer to the nearest cent. *

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RuslanHeatt 3 years 2021-08-19T10:34:00+00:00 1 Answers 8 views 0

Answers ( )

  1. thienhuong
    0
    2021-08-19T10:35:04+00:00
    Reply

    Answer:

    $2000.00 X 12% =$240.00

    $240.00 X 5 = $1200.00

    Answer $1200.00

    Step-by-step explanation:

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