The Tragord family learned that their investments decreased in value by 13% over the last year. If the investments were worth $100,000 at the beginning of the year, how much (in dollars) did they lose over the last year?

Question

Quizplus · Accepted Answer

To find out how much the investment decreased, we need to multiply the initial amount by the percentage of decrease: 
$100,000 * 0.13 = $13,000 
Therefore, the Tragord family lost $13,000 over the last year, which corresponds to choice B.

The Tragord Family Learned That Their Investments Decreased in Value