Asked by Tom
A share of ABC stock was worth $60 in 2005 and only worth $45 in 2010.
Find the multiplier and the percent decrease.
Find the multiplier and the percent decrease.
Answers
Answered by
Damon
60 x = 45
x = .75
1.00 - .75 = .25 which is 25% down
x = .75
1.00 - .75 = .25 which is 25% down
Answered by
Hayley
To Find The Multiplier:
60•xˆ5=45 (Sixty multiplied by X to the Fifth power equals Forty-Five)
xˆ5=45/60 (X to the Fifth power equals Forty-five over sixty)
x=5√45/60 (X equals the Fifth root of Forty-five over sixty)
x=0.944
60•xˆ5=45 (Sixty multiplied by X to the Fifth power equals Forty-Five)
xˆ5=45/60 (X to the Fifth power equals Forty-five over sixty)
x=5√45/60 (X equals the Fifth root of Forty-five over sixty)
x=0.944
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