subject
Mathematics, 01.03.2021 16:30 dontcareanyonemo

Suppose that you have ​$9,000 in a rather risky investment recommended by your financial advisor. During the first​ year, your investment decreases by 40​% of its original value. During the second​ year, your investment at the end of year one increases by 50​%. Your advisor tells you that there must have been a 10​% overall increase of your original ​$9,000 investment. Is your financial advisor using percentages​ properly? If​ not, what is your actual percent gain or loss of your original ​$9,000 ​investment?

ansver
Answers: 1

Another question on Mathematics

question
Mathematics, 21.06.2019 16:00
The level of co2 emissions, f(x), in metric tons, from the town of fairfax x years after they started recording is shown in the table below. x 2 4 6 8 10 f(x) 26,460 29,172.15 32,162.29 35,458.93 39,093.47 select the true statement.
Answers: 1
question
Mathematics, 21.06.2019 16:30
Ivan and jeff buy a package of 8 pens for $4.00. ivan wants 5 of the pens, and jeff wants 3.how much should each student pay?
Answers: 1
question
Mathematics, 21.06.2019 21:00
What would the rule be for the reflection of y=-3
Answers: 1
question
Mathematics, 21.06.2019 23:30
What are the coordinates of the image of p for a dilation with center (0, 0) and scale factor 2
Answers: 1
You know the right answer?
Suppose that you have ​$9,000 in a rather risky investment recommended by your financial advisor. Du...
Questions
question
Mathematics, 07.12.2020 03:30
question
Mathematics, 07.12.2020 03:30
question
Mathematics, 07.12.2020 03:30
question
Mathematics, 07.12.2020 03:30
question
Mathematics, 07.12.2020 03:30
Questions on the website: 13722367