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write a function that represents the situation . A stock valued at \$100 decreases in value by 9.5% each year

Solución

write a function that represents the situation . A stock valued at $100 decreases in value by 9.5% each year

Solución

Amount after addition : 109.5

Pasos de solución

Translate the problem into an equation:

x = 100 + 0.095 \cdot 100

x = 100 + 0.095 \cdot 100 : x = 109.5

Amount after addition : 109.5

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