Question

7. Stock in a company decreased from $60 a share to $54 a share. What is the percent of decrease in stock price?

10
53
47
11
8. A credit union pays 5% annual interest, compounded daily, on savings deposits. Find the value after one year of $500 deposited in this account.

$25.64
$525.64
$520.40
$20.40
9. Interest compounded semiannually is compounded twice a year.

True
False

Answer 1

@SageWilson

Answer 2

Sorry I took so long to come, my wifi is pretty laggy right now. To figure this out just find the difference of 60 and 54, which is 6, so you just multiply 60 by .10, .11, .47 or .53 and see which one gives you 6.

Answer 3

number 7 is 10? @SageWilson

Answer 4

yup

Answer 5

ok how i do 8 and 9

Answer 6

I think that 9 is true, I'm still trying to figure out 8

Answer 7

ok @SageWilson

Answer 8

To find the answer for this one you'll need to multiply .05 by 500.

Answer 9

ok i got 25 thank you so much for helping me @SageWilson

Answer 10

No problem ^-^