Example: You have $5,000 invested in stock XYZ. It loses 6.4% of its value today. How much is your investment now worth?

Answer

To find the current value of the investment, follow these steps: 1. Calculate the amount of the loss by multiplying the initial investment by the percentage loss. Convert the percentage to a decimal by dividing by 100: 6.4% = 0.064. Loss = $5,000 * 0.064 = $320. 2. Subtract the loss from the initial investment to find the current worth. Current Value = $5,000 - $320 = $4,680. Alternatively, you can calculate the remaining percentage: if the stock loses 6.4%, it retains 93.6% (100% - 6.4%) of its value. Current Value = $5,000 * 0.936 = $4,680. Your investment is now worth $4,680.