Ask Question
19 January, 05:19

You invest $5,175.00 in a stock plan. It increases 9% the first year, and then loses 5% of its value the second year. What is your gain compared to your original investment?

+5
Answers (1)
  1. 19 January, 06:44
    0
    First year increases by 9%

    5,175 * (1+0.09)

    =5,640.75

    Second year decreases by 5%

    5,640.75 * (1-0.05)

    =5,358.71
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “You invest $5,175.00 in a stock plan. It increases 9% the first year, and then loses 5% of its value the second year. What is your gain ...” in 📘 Mathematics if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers