If you bought a stock last year for a price of $103, and it has risen 7% since then, how much is the stock worth now, to the nearest cent?

the stock is worth $110.21

Step-by-step explanation:

The first thing you want to do is multiply 0.07 and 103, to find out what 7% of 103 is. When you multiply those two numbers you are going to get 7.21. You are then going to add 103 and 7.21 to find out how much it would be worth now.

the answer is:

the correct option:

b.

to solve the problem, we need to remember how to operate to simplify exponential expressions using the logarithms.

we are given the equation:

then, using placing logarith with base 7 on both sides of the equation, we have:

so, rounding the obtained result to two decimal places (nearest hundreth), we have:

hence, we have that the correct option:

b.

have a nice day!

83-45=38

38 was the other number

hope your goes well, here's a turkey

-thekoolkid1o1