kassandrasandoval15 kassandrasandoval15
  • 12-07-2019
  • Mathematics
contestada

a share of ACME stock dropped by 5% and in now trading at $74.74. what was the price before the drop

Respuesta :

brennank2002 brennank2002
  • 12-07-2019

Answer:

78.5 (78.477)

Step-by-step explanation:

5% of 74.74 is 3.737

74.74+3.737 = 78.477

Answer Link
Аноним Аноним
  • 12-07-2019

Answer:

$78.63.

Step-by-step explanation:

Let the price before the drop be  $x.

Then, x - 0.05x = $74.74

0.95x = 74.74

x = $78.63.

Answer Link

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