Posted by **Heather** on Sunday, May 27, 2007 at 1:42pm.

Yi Chen made a $6,400 investment at the beginning of a year. By the end of the year, the value of the investment had decreased by 8.2%. What was it's value at the end of the year?

How would I do this? I am so very lost!

Value= 6400(1-.082)

would it not be $6400/100 then multiplied by 8.2%??

Then subtract the answer from $6400?

Yi Chen made a $6,400 investment at the beginning of a year. By the end of the year, the value of the investment had decreased by 8.2%. What was it's value at the end of the year?

## Answer this Question

## Related Questions

- Math - Jerry earned $18,500 one year and then received a 10.5% raise. What is ...
- math - Yi Chen made a $6,400 investment at the beginning of a year. By the end ...
- math - Yi chen made a $6,400 investment at the beginning of a year. By the end ...
- Finance Homework/ Have 2nd Part Need Calculate1st - An investment will pay $100 ...
- present value - An investment pays you $20,000 at the end of this year, and $10,...
- math - You need $28,974 at the end of 10 years, and your only investment outlet ...
- Finance - An investment will provide Nicholas with $100 at the end of each year ...
- mcc - Larry bought a house for $220,000. After one year, its value appreciated (...
- accounting - You need $28,974 at the end of 10 years, and your only investment ...
- college - an investor is looking for 4 year investment.the share of skylark ...

More Related Questions