BREAKING: Target Test Prep releases Brand New 2026 On Demand GMAT prep course

Redeem

Jon invested \(\$10000\) in a certain stock exactly three years ago. The value of the stocks increased by \(10\) percent

Expert replies
by BTGmoderatorLU » Tue Dec 30, 2025 7:19 am

Timer

00:00

Answers

A

B

C

D

E

Stats

Difficulty

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 OA is D
Join the discussion
Source: — Problem Solving |