Business, 22.01.2020 06:32 ashleymstep15
Suppose that you have $10 comma 00010,000 in a rather risky investment recommended by your financial advisor. during the first year, your investment decreases by 5050% of its original value. during the second year, your investment at the end of year one increases by 6060%. your advisor tells you that there must have been a 1010% overall increase of your original $10 comma 00010,000 investment. is your financial advisor using percentages properly? if not, what is your actual percent gain or loss of your original $10 comma 00010,000 investment?
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Suppose that you have $10 comma 00010,000 in a rather risky investment recommended by your financial...
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