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Bunuel
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Bunuel
Jon invested $10000 in a certain stock exactly three years ago. The value of the stocks increased by 10 percent during the first year, increased by 5 percent during the second year, and decreased by 10 percent during the third year. What is the value of the stocks today?

A. $12,705
B. $11,500
C. $10,500
D. $10,395
E. $10,350

The value of the stock is: \(10,000*(1.10)*(1.05)*(1-0.10)=10,395\)

(D) is the answer.
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Bunuel
Jon invested $10000 in a certain stock exactly three years ago. The value of the stocks increased by 10 percent during the first year, increased by 5 percent during the second year, and decreased by 10 percent during the third year. What is the value of the stocks today?

A. $12,705
B. $11,500
C. $10,500
D. $10,395
E. $10,350

The value of the stocks today is:

10,000 x 11/10 x 105/100 x 9/10

11 x 105 x 9 = 10,395

Answer: D
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