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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 221
Solve the following application problems. Read each problem carefully to decide which are increase or decrease problems, and work accordingly. (See Examples 1-3.)
STOCK VALUE The stock value of drugstore operator CVS dropped 7.4 to close at $29.06 per share. Find the value of each share of stock before the drop. Round to the nearest cent.
STOCK VALUE The stock value of drugstore operator CVS dropped 7.4 to close at $29.06 per share. Find the value of each share of stock before the drop. Round to the nearest cent.
Explanation
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Recall the basic percent formula,
"Orig...
Business Mathematics Brief 12th Edition by Stanley Salzman ,Gary Clendenen, Charles Miller
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