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The value of your stock investment in a certain company decreased 30% 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. $4,892.45 $7.123.25 $5,714.29 $6000

The value of your stock investment in a certain company decreased 30% 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. $4,892.45 $7.123.25 $5,714.29 $6000

Advanced Engineering Mathematics
Advanced Engineering Mathematics
10th Edition
ISBN:9780470458365
Author:Erwin Kreyszig
Publisher:Erwin Kreyszig
Chapter2: Second-order Linear Odes
Section: Chapter Questions
Problem 1RQ
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The value of your stock investment in a certain company decreased 30% 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. $4,892.45 $7.123.25 O $5,714.29 $6000
Transcribed Image Text:The value of your stock investment in a certain company decreased 30% 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. $4,892.45 $7.123.25 O $5,714.29 $6000
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