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 15:30
Turner's mom measured his room to see how long the wallpaper border needed to be. if two walls are 15 feet long and two walls are 12 feet long, how long should the strip of border be cut?
Answers: 1
question
Mathematics, 21.06.2019 16:10
The number of hours per week that the television is turned on is determined for each family in a sample. the mean of the data is 37 hours and the median is 33.2 hours. twenty-four of the families in the sample turned on the television for 22 hours or less for the week. the 13th percentile of the data is 22 hours. approximately how many families are in the sample? round your answer to the nearest integer.
Answers: 1
question
Mathematics, 21.06.2019 18:00
Which shows the correct solution of the equation 1/2a+2/3b=50, when b=30?
Answers: 1
question
Mathematics, 21.06.2019 18:30
In the diagram below? p is circumscribed about quadrilateral abcd. what is the value of x
Answers: 1
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
Computers and Technology, 12.11.2020 21:30
question
Mathematics, 12.11.2020 21:30
question
Health, 12.11.2020 21:30
question
Mathematics, 12.11.2020 21:30
question
Mathematics, 12.11.2020 21:30
Questions on the website: 13722363