# math

Kyle reduced his investment in Collins Company from \$11,700 to \$4,300. What was the percentage rate of decrease?

1. 👍 0
2. 👎 0
3. 👁 184
1. (11700-4300)/11700 * 100 = 63.25%

1. 👍 0
2. 👎 0

## Similar Questions

1. ### Math help

In 1997 the population of a small town was 700. If the annual rate of increase is about 0.8%, which value below expresses the population five years later? A: 5(700)(0.008) B: 5(700)(1.008) C: (700)(0.008)^5 D: (700)(1.008)^5

2. ### Math

Jennifer made an initial investment of \$14,000 in a mutual fund. She invests an additional \$300 each month to the mutual fund. What are the possible totals of her investment in the mutual fund? Select all that apply. \$23,700

3. ### math

Approximately how long will it take an investment of \$300 to triple, if the interest rate is 3.5% per year compounded continuously?

4. ### algebra

kyle's credit bill is \$360. kyle sends a check to the credit card company for \$70, charges another \$109 in merchandise, and then pays off another \$231 of the bill. how much does kyle owe the company?

1. ### Algebra 2

some investments in the stock market have earned 10% annually. At this rate, earning can be found using the formula A=p(1.10)n, where A is the total value of the investment, P is the initial value of the investment, and n is the

1.Mr. Collins says he is proposing to Elizabeth because A. Elizabeth personality will displease lady Catherine B.Elizabeth has shown her affection for him C. he knows Elizabeth will inherit a lot of money D. as the heir, he feels

3. ### Sociology (Stats) Std. Dev

Given (μ) = 500, and σ = 100. What percentage of the SAT scores falls: A) Between 500 and 600? The percentage falls 1 σ above the (μ), 68.26% / 2 = 34.13% B) Between 400 and 600? The percentage falls 1 σ below and 1 σ above

4. ### Algebra

An investment grows according to the exponential equation y = 15,000 · 1.07x, where x is the number of years invested. Which of the following statements is true? A. The investment will continue to grow at a rate of 7% per year

1. ### math

Bobby’s uncle gave him 300 baseball cards. Each week, Bobby purchases 40 baseball cards to add to his collection. Which inequality can be used to find w, the number of weeks after starting his collection when Bobby will have

2. ### math

1. Mike opens a checking account with an initial deposit of \$200. Without making additional deposits, he withdraws \$25 each week. Kyle also opens a checking account. The function y = 25x + 200 represents the current balance in

3. ### Math

Kyle says the number is greater when an object Is measured in cm than in mm is Kyle correct. Explain

4. ### FIN 200

Collins Office Supplies is considering a more liberal credit policy to increase sales, but expects that 9 percent of the new accounts will be uncollectible. Collection costs are 5 percent of new sales, production and selling costs