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Business Mathematics Brief 12th Edition by Stanley Salzman ,Gary Clendenen, Charles Miller
Edition 12ISBN: 978-0132605540Business Mathematics Brief 12th Edition by Stanley Salzman ,Gary Clendenen, Charles Miller
Edition 12ISBN: 978-0132605540 Exercise 226
Solve this application problems.
The value of a stock used to be 6 times what it is worth today. The value today is what percent of the past value? Round to the nearest tenth of a percent. Show your work, explaining how you arrived at your answer.
The value of a stock used to be 6 times what it is worth today. The value today is what percent of the past value? Round to the nearest tenth of a percent. Show your work, explaining how you arrived at your answer.
Explanation
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Verified
Let value today of the stock = $1
Value ...
Business Mathematics Brief 12th Edition by Stanley Salzman ,Gary Clendenen, Charles Miller
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