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Home > CCA > Chapter 8 > Lesson 8.1.2 > Problem 8-20

8-20.

The value of Bulls Eye stock has decreased 8% each year for the past several years. If in 2010 the stock was worth $50 and that pattern continues, how much will it be worth in 2015? Homework Help ✎

What are the multiplier and the starting value?

The multiplier is 100% − 8%.