The value of your stock investment in a certain company decreased 20 % over the last year. If the value of your stock investment is $4000 today, then what was the value of your stock investment a year ago? Round your answer to the nearest cent, if necessary.

Algebra and Trigonometry (6th Edition)
6th Edition
ISBN:9780134463216
Author:Robert F. Blitzer
Publisher:Robert F. Blitzer
ChapterP: Prerequisites: Fundamental Concepts Of Algebra
Section: Chapter Questions
Problem 1MCCP: In Exercises 1-25, simplify the given expression or perform the indicated operation (and simplify,...
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The value of your stock investment in a certain company decreased 20 % over the last year. If the value of your stock investment is $4000 today, then what was the value
of your stock investment a year ago? Round your answer to the nearest cent, if necessary.
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Transcribed Image Text:The value of your stock investment in a certain company decreased 20 % over the last year. If the value of your stock investment is $4000 today, then what was the value of your stock investment a year ago? Round your answer to the nearest cent, if necessary. Answer Keypad How to enter your answer Keyboard Shortcuts %24
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