document.write( "Question 439374: Consider the following statement: Your stock portifolio dropped 25% last year, but rose 25% this year. Did you break even? Why or why not? \n" ); document.write( "
Algebra.Com's Answer #303643 by MathLover1(20855) You can put this solution on YOUR website! \n" ); document.write( "No,you didn't break even. \r \n" ); document.write( "\n" ); document.write( "Let x = the value of the portfolio before the drop was \n" ); document.write( "\n" ); document.write( "after the drop was \n" ); document.write( "\n" ); document.write( "Then after the increase the value of the portfolio is \n" ); document.write( "\n" ); document.write( " \n" ); document.write( "\n" ); document.write( "which is still at a loss of |