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Just prior to 1990, Company Y had holdings valued at x dollars. In 1990, Company Y increased the value...

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by AAPL » Thu Dec 31, 2020 10:19 am

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Just prior to 1990, Company Y had holdings valued at x dollars. In 1990, Company Y increased the value of its holdings by $4,000,000. In 1991, Company Y sustained a $10,000,000 loss in holdings. At the end of 1991, Company Y's holdings were worth half what they were just prior to 1990. Which of the following algebraic equations yields the value of Company Y's holdings, in dollars, just prior to 1990?

A. \(x-10,000,000 = \dfrac{x}{2}+4,000,000\)

B. \(\dfrac{x}{2}-14,000,000 = x\)

C. \(\dfrac{x}{2}-6,000,000=x\)

D. \(x+6,000,000=\dfrac{x}{2}\)

E. \(x-6,000,000=\dfrac{x}{2}\)

OA E
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