### Home > GB8I > Chapter 11 Unit 12 > Lesson INT1: 11.2.2 > Problem11-62

11-62.

A share of ABC stock was worth $60$ in 2005 and only worth $45$ in 2010.

1. Find the multiplier and the percent decrease.

Solve for $m: 60 · m^{5} = 45$
Use the general form of an exponential equation: $y = a · m^{x}$, where m is the multiplier found in part (a), and $a$ is the initial value.
$25.28$