![ciya12](/avatars/31207.jpg)
ciya12
02.11.2020 •
Mathematics
Your investments took a 7% plunge (drop) then increased by 8%. Are you ahead by 1%? Explain.
PLEASE HELP ASAP
*IT"S ONE OF MY MATH QUESTIONS*
Solved
Show answers
More tips
- O Other Everything You Need to Know About Kudyabliks...
- C Computers and Internet The Twitter Phenomenon: What it is and How to Use it...
- C Computers and Internet How to Choose a Laptop: Expert Guide and Tips...
- C Computers and Internet How to Choose a Monitor?...
- H Horoscopes, Magic, Divination Where Did Tarot Cards Come From?...
- S Style and Beauty How to Make Your Lips Fuller? Ideas and Tips for Beautiful Lips...
- C Computers and Internet How to Learn to Type Fast?...
- A Art and Culture Who Said The Less We Love a Woman, the More She Likes Us ?...
- F Family and Home How to Get Rid of Your Neighbors?...
Answers on questions: Mathematics
- M Mathematics 4. If g(x)=53x+7-4, then which of the following is the value of g(57)? (1) 19 (3) 16 (2) 11 (4) 25...
- M Mathematics For what value of k, the following system of equations have unique solution x –ky =2 , 3x +2y = -5...
- M Mathematics The following data table represents the total cost of a monthly cell phone bill as a function of the number of minutes that the phone is used each month....
- M Mathematics If you were turning in late work to a teacher through email how would you do it Asking for a friend......
- M Mathematics PLEASE HELP explain too please...
- M Mathematics How many solutions are there to this system of equations? y= -1/2x+1 and y=x^2-2...
- M Mathematics Solve for x and show your work 2x + a= b...
- M Mathematics The nth term an, of an arithmetic sequence can be defined recursively by for n ≠ 1. ...
- M Mathematics Find the solutions of this quadratic. f(x)=(x-8)(x+4)...
- M Mathematics What is the answer to this ratio question Alex and Matt rode bikes. Alex rode 35 miles 60 minutes. Matt rode 82 minutes a faster rate per mile than Alex. Find Alex s unit...
Ответ:
If your investment dropped 7% and then increased by 8% you will not be a percent ahead. The reason being is that the increase is a lower amount and the decrease was on a larger amount.
For example, if you have $100 invested. 100*.07=$7, 100-7=$93 remaining. 93*08= $7.44. 93+7.44=100.44 (a .44 increase from the original number). One percent increase from the original number would have $101.
Ответ: