subject
Mathematics, 25.03.2022 09:30 michello3

Suppose that you invest $7000 in a risky investment. At the end of the first year, the investment has decreased by 70% of its original value. At the end of the second year,
the investment increases by 80% of the value it had at the end of the first year. Your
investment consultant tells you that there must have been a 10% overall increase of
the original $7000 investment. Is this an accurate statement? If not, what is your
actual percent gain or loss on the original $7000 investment. Round to the nearest
percent.

ansver
Answers: 1

Another question on Mathematics

question
Mathematics, 21.06.2019 12:30
If a(0,0,0) and b(2,2,2) are points in coordinate space, how many paths are there from a to b that move from one lattice point to another in the positive x-,y- or z- direction?
Answers: 2
question
Mathematics, 21.06.2019 17:50
Segment ab is shown on the graph. which shows how to find the x-coordinate of the point that will divide ab into a 2: 3 ratio using the formula
Answers: 2
question
Mathematics, 21.06.2019 19:20
Find the area of an equilateral triangle with a side of 6 inches
Answers: 2
question
Mathematics, 21.06.2019 19:30
Acylinder with a base diameter of x units has a volume of jxcubic units which statements about the cylinder are true? check all that apply. the radius of the cylinder is 2 x units. the radius of the cylinder is 2x units. the area of the cylinder's base is 200 square units. the area of the cylinder's base is a square units. the height of the cylinder is 2x units. the height of the cylinder is 4x units. mark this and return save and exit next submit
Answers: 2
You know the right answer?
Suppose that you invest $7000 in a risky investment. At the end of the first year, the investment...
Questions
question
Mathematics, 20.11.2020 18:00
question
Mathematics, 20.11.2020 18:00
question
Mathematics, 20.11.2020 18:00
question
Mathematics, 20.11.2020 18:00
question
Mathematics, 20.11.2020 18:00
Questions on the website: 13722360