Asked by Simon Sazian on May 27, 2024
Verified
Marilyn bought a stock for $80 last week. Yesterday, the stock went up by 20%. Today it dropped by 20%. What is the current value of the stock?
Stock
Equity investments representing ownership in a corporation, giving holders a claim on part of the company's assets and earnings.
Percent
A part per hundred, used to express ratios, proportions, or comparison between quantities.
- Learn to assess percentage augmentations and contractions.
- Review financial documentation to ascertain variations in market situations or business policies.
Verified Answer
AN
Learning Objectives
- Learn to assess percentage augmentations and contractions.
- Review financial documentation to ascertain variations in market situations or business policies.