Camila bought stock in a company two years ago that was worth x dollars. During the first year that she owned the stock, it decreased by 19%. During the second year the value of the stock decreased by 8%. Write an expression in terms of x that represents the value of the stock after the two years have passed.Answer:
Q. Camila bought stock in a company two years ago that was worth x dollars. During the first year that she owned the stock, it decreased by 19%. During the second year the value of the stock decreased by 8%. Write an expression in terms of x that represents the value of the stock after the two years have passed.Answer:
Understand the problem: Understand the problem.Camila's stock value decreases by 19% in the first year and by 8% in the second year. We need to find the expression that represents the value of the stock after these two decreases.
Calculate first year value: Calculate the value of the stock after the first year.The stock decreases by 19% in the first year. To find the decreased value, we subtract 19% of x from x.Value after first year = x−(10019×x)
Simplify first year expression: Simplify the expression for the value after the first year.Value after first year = x−0.19xValue after first year = 0.81x
Calculate second year value: Calculate the value of the stock after the second year.The stock decreases by 8% in the second year. We apply this decrease to the value after the first year.Value after second year = 0.81x−(1008×0.81x)
Simplify second year expression: Simplify the expression for the value after the second year.Value after second year = 0.81x−0.08×0.81xValue after second year = 0.81x−0.0648xValue after second year = 0.7452x