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 14:30
Given f(x) = 2x^2- 5x+1, determine the function value f(2). do not f(x) = in your answer
Answers: 1
question
Mathematics, 21.06.2019 15:10
The highest point on earth is the peak of mount everest if you climb to the top you would be approximately 29,035 feet above sea level at remembering that amount is 5280 feet percentage of the height of the mountain would you have to climb to reach a point 2 miles above sea level
Answers: 2
question
Mathematics, 21.06.2019 16:30
In two or more complete sentences, determine the appropriate model for the given data and explain how you made your decision. (1,-1), (2,0.5), (5,1.5), (8,2)
Answers: 2
question
Mathematics, 21.06.2019 21:30
Yesterday, george drank 1 small bottle and 2 large bottles, for a total of 1,372 grams. the day before , he drank 1 small bottle and 1 large bottle, for the total of 858 grams. how many grams does each bottle hold?
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
Mathematics, 27.08.2019 20:00
question
History, 27.08.2019 20:00
Questions on the website: 13722362