SOLUTION: Any invested in three companies 2000 dollars for Apple 2500 for google and 500 for Starbucks over t course of one year she found that Apple went down 3 percent and google went up 5
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Question 1160846: Any invested in three companies 2000 dollars for Apple 2500 for google and 500 for Starbucks over t course of one year she found that Apple went down 3 percent and google went up 5 percent and Starbucks went up 3 percent what’s the average change in her portfolio Answer by Boreal(15235) (Show Source):
You can put this solution on YOUR website! Apple lost 3% of $2000 or -$60
Google went up 5% of $2500 or $125
Starbucks went up 3% of $500 or $15
initial value of the three was $5000
the final value is $80 higher (125+15-60)
the change is $80/$5000 initial or +1.6%
