Answer:
The value of the investment by the end of the month is $59.89.
Percent loss = 20% to the nearest tenth
Step-by-step explanation:
At the end of the month, there was a loss of $13.53 from the $73.42 investment at the beginning of the month.
Value in Dollars = $73.42 - $13.53
= $59.89
The value of the investment by the end of the month is $59.89.
PERCENTAGE LOSS =
(CP - SP / CP ) * 100
= ($73.42 - $59.89 / $73.42) * 100
= ($13.53 / $73.42) * 100
= 0.184 * 100
= 18.43%
= 20% to the nearest tenth
Enjoy! Maths is fun