If you bought a stock last year for a price of $67, and it has risen 12% since then, how much is the stock worth now, to the nearest cent?

Question

If you bought a stock last year for a price of $67, and it has risen 12% since then, how much is the stock worth now, to the nearest cent?

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Isabelle 2 weeks 2021-09-11T08:31:34+00:00 1 Answer 0

Answers ( )

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    2021-09-11T08:32:59+00:00

    Answer:$75.04

    Step-by-step explanation:

    last year price=$67

    12% of 67

    12/100 x 67

    (12 x 67) ➗ 100

    804 ➗ 100=8.04

    Since it has risen by 12%

    There new price is 67+8.04=75.04

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