document.write( "Question 1059233: you invest $100 in a given stock. after one year it has decreased by 20%. then during the following year there is a 20% increase. After 2 years is your stock valve back to the original $100? \n" ); document.write( "
Algebra.Com's Answer #674317 by stanbon(75887)![]() ![]() ![]() You can put this solution on YOUR website! you invest $100 in a given stock. after one year it has decreased by 20%. then during the following year there is a 20% increase. After 2 years is your stock value back to the original $100? \n" ); document.write( "-------------- \n" ); document.write( "Start:: 100 \n" ); document.write( "Aft 1 yr:: 100 - 0.2*100 = 80 \n" ); document.write( "Aft 2 yrs: 80 + 0.2*80 = 80 + 16 = $96 \n" ); document.write( "-------------- \n" ); document.write( "Ans: No \n" ); document.write( "----------- \n" ); document.write( "Cheers, \n" ); document.write( "Stan H. \n" ); document.write( "---------- \n" ); document.write( " |