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ou purchase a stock for $18.60 and it dropped 18% in value in the first year, increased 13% in value in the second year, and increased 9% in value in the third year. a. What was the stock price at the end of the third year? Round to the nearest cent b. What was the overall percent change in the stock price for the three years? % Round to two decimal places if applicable. Enter a positive value for a percent increase and a negative value for a percent decrease.

ou purchase a stock for $18.60 and it dropped 18% in value in the first year, increased 13% in value in the second year, and increased 9% in value in the third year. a. What was the stock price at the end of the third year? Round to the nearest cent b. What was the overall percent change in the stock price for the three years? % Round to two decimal places if applicable. Enter a positive value for a percent increase and a negative value for a percent decrease.

Calculus: Early Transcendentals
Calculus: Early Transcendentals
8th Edition
ISBN:9781285741550
Author:James Stewart
Publisher:James Stewart
Chapter1: Functions And Models
Section: Chapter Questions
Problem 1RCC: (a) What is a function? What are its domain and range? (b) What is the graph of a function? (c) How...
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You purchase a stock for $18.60 and it dropped 18% in value in the first year, increased 13% in value in the second year, and increased 9% in value in the third year. a. What was the stock price at the end of the third year? Round to the nearest cent b. What was the overall percent change in the stock price for the three years? % Round to two decimal places if applicable. Enter a positive value for a percent increase and a negative value for a percent decrease. SAVE PROGRESS 17°C Cloudy hp f12 f10 f9 f8 f6 I+ 10
Transcribed Image Text:You purchase a stock for $18.60 and it dropped 18% in value in the first year, increased 13% in value in the second year, and increased 9% in value in the third year. a. What was the stock price at the end of the third year? Round to the nearest cent b. What was the overall percent change in the stock price for the three years? % Round to two decimal places if applicable. Enter a positive value for a percent increase and a negative value for a percent decrease. SAVE PROGRESS 17°C Cloudy hp f12 f10 f9 f8 f6 I+ 10
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