SOLUTION: In one year, the price of one share of ABC stock increased by 20% in quarter 1, increased by 25% in quarter 2, decreased by 20% in quarter 3, and increased by 10% in quarter 4. By

SOLUTION: In one year, the price of one share of ABC stock increased by 20% in quarter 1, increased by 25% in quarter 2, decreased by 20% in quarter 3, and increased by 10% in quarter 4. By

Algebra.Com

Question 751812: In one year, the price of one share of ABC stock increased by 20% in quarter 1, increased by 25% in quarter 2, decreased by 20% in quarter 3, and increased by 10% in quarter 4. By what percent did the price of the stock increase for the whole year?
Answer by FrankM(1040) (Show Source): You can put this solution on YOUR website!
1.2*1.25*.8*1.1=1.32
+32% for the year.
Edit - my original reply showed a decrease of 10% in Q4. Fixed my answer.
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