Question

I Will medal!!

Selena buys several shares of stock at $32 per share and sells them at $28.32 per share. What is the percent of decrease in the price of the stock?

a 12.0%
b 11.5% <----
c 11.0%
d 10.5%

Answer 1

tell me if I am correct or not

Answer 2

You are correct.

Answer 3

4. Jack earned $972 in 6 years on an investment at a 3% simple interest rate. How much was Jack’s investment?
$174.96
$486
$1944
$5400 <-----

Answer 4

The situation implies that 32 was multiplied by percentage to decrease to 28.32 that percentage must have been 28.32 / 32 or 88.5% which is 11.5% decrease as you say.

Answer 5

What do you think about this ne ^

Answer 6

right, that's classic simple algebra...

Answer 7

A $6000 investment earns $690 annual simple interest in one year. What is the annual interest rate?
A. 10.5%
B. 11% <<----
C. 11.5%
D. 12%

Answer 8

.03(6)(x)=972

Answer 9

What about that one ^^

Answer 10

6000*x= 692 where 692 is the money he got

Answer 11

Is .11 times 6000, 692? No

Answer 12

you know you can convert anything as a percent to a decimal

Answer 13

.11 is 11 hundredths or 11% out of 100%

Answer 14

11.5% of (6000 US$) =
690 U.S. dollars

So 11.5% is correct?

Answer 15

What is 692/6000?

Answer 16

That's your answer by rules of algebra.

Answer 17

Yeah. cx Thanks