document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=593667>Question 593667</A>: <I><SPAN STYLE=\"word-break: break-all;\"> I need help with math. If I have $10,000, I invest and loose 50% the first year. The second year I make 90%. What is my growth percentage? How much $ do I have? </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #376389 by </B><A HREF=/tutors/aboutme.mpl?userid=jim_thompson5910><B>jim_thompson5910(35256)</B></A><img src=\"/images/stars/stars-13.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=jim_thompson5910><IMG SRC=http://www.algebra.com/images/aboutme-small.gif BORDER=0 alt=\"About Me\" VALIGN=MIDDLE></A>&nbsp;<IMG SRC=http://www.algebra.com/images/nopicture.jpg><BR>You can <A HREF=\"/cgi-bin/embed-solution.mpl?show=1&solution=376389\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> You lost 50% of 10,000, so you now have\r<BR>\n" );
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document.write( "10000 - 0.5*10000 = 10000 - 5000 = 5000\r<BR>\n" );
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document.write( "So after the first year, you'll have $5,000\r<BR>\n" );
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document.write( "Then you make 90%. This means that you're adding 90% of 5 thousand to 5 thousand, so...\r<BR>\n" );
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document.write( "5000 + 0.9*5000 = 5000 + 4500 = 9500\r<BR>\n" );
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document.write( "This means that after the second year, you'll have $9,500\r<BR>\n" );
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document.write( "Your growth percentage is then\r<BR>\n" );
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document.write( "Percent Growth = [(New - Old)/Old] * 100\r<BR>\n" );
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document.write( "Percent Growth = [(9500-10000)/10000] * 100\r<BR>\n" );
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document.write( "Percent Growth = [-500/10000] * 100\r<BR>\n" );
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document.write( "Percent Growth = -0.05 * 100\r<BR>\n" );
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document.write( "Percent Growth = -5%\r<BR>\n" );
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document.write( "This means that you really lost 5% (and didn't grow at all)<BR>\n" );
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