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An investor has an account with stock from two different companies. Last year, her stock in Company A was worth $6060 and her stock in Company B was worth $2300. The stock in Company A has decreased 25% since last year and the stock in Company B has decreased 13%. What was the total percentage decrease in the investor's stock account? Round your answer to the nearest tenth (if necessary).

Respuesta :

jreyescornejoo

Answer:

An investor has an account with stock from two different companies. Last year, her stock in Company A was worth $6060 and her stock in Company B was worth $2300. The stock in Company A has decreased 25% since last year and the stock in Company B has decreased 13%. What was the total percentage decrease in the investor's stock account? Round your answer to the nearest tenth (if necessary).

Step-by-step explanation:

An investor has an account with stock from two different companies. Last year, her stock in Company A was worth $6060 and her stock in Company B was worth $2300. The stock in Company A has decreased 25% since last year and the stock in Company B has decreased 13%. What was the total percentage decrease in the investor's stock account? Round your answer to the nearest tenth (if necessary).

yoursunshine

Answer:

21.7

Step-by-step explanation:

8360(1-r)=6546

8360(1−r)=6546

\frac{8360(1-r)}{8360}=\frac{6546}{8360}

8360

8360(1−r)

​

=

8360

6546

​

1-r=0.783014

1−r=0.783014

-r=-0.216986

−r=−0.216986

r=0.216986

r=0.216986

Final Answer: 21.7%

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