document.write( "Question 389816: Growth and decay. \r
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document.write( "In march, yoda invested $1500 into the stock market. In December his stock portfolio was worth $5200. What was the monthly rate of change in his portfolio? \n" );
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Algebra.Com's Answer #277618 by robertb(5830) You can put this solution on YOUR website! I will assume that YOU invested $1500 AT THE BEGINNING of the month of March, and that at the END of December, YOUR stock portfolio has worth $5200. So that's after 10 months. YOUR portfolio's monthly rate of change r is then computed as follows: \n" ); document.write( " \n" ); document.write( "==> \n" ); document.write( "That is 13.24% per month. \n" ); document.write( " |