You bought $2000 worth of stock in 2012. The value of the stock has been depreciating by 12% each year.
What was the stock worth in 2017? Round your answer to the nearest cent. *

$2000.00 X 12% =$240.00

$240.00 X 5 = $1200.00

Answer $1200.00

Step-by-step explanation:

according to this law, when unemployment goes up by 1%, gdp drops by 2%. in the question, unemployment rate goes from 2% to 5%, meaning unemployment goes up by 3%, so the gdp drops by 6%. thus the effect is a drop in gdp by 6%.

step-by-step explanation: