At the start of the month, the value of an investment was

Question

$
48.45
$48.45. By the end of the month, the value of the investment changed by a loss of
$
13.80
$13.80.

​What was the value, in dollars, of the investment at the end of the month?

​Enter your answer in the box.

Answer 1

To find the value of the investment at the end of the month, we need to subtract the loss from the initial value of the investment.

Initial value of the investment: \( 48.45 \) dollars
Loss: \( 13.80 \) dollars

We can calculate the end value as follows:

\[ \text{End value} = \text{Initial value} - \text{Loss} \] \[ \text{End value} = 48.45 - 13.80 \] \[ \text{End value} = 34.65 \]

Thus, the value of the investment at the end of the month is \( 34.65 \) dollars.