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26-02-2021
Mathematics

contestada

If you bought a stock last year for a price of 103$ and it has risen 13.5% since then, how much is the stock worth now, to the nearest cent?

Respuesta :

madodakarabo762 madodakarabo762

26-02-2021

Answer:

$90.75

Step-by-step explanation:

103*100=(13.5%+100%)*x

10300=113.5x

x=10300/113.5

x=90.74889868

x=$90.75

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