SOLUTION: You invested $2,300 in a stock. Your account now has a value of $2,643. Your percentage gain on the investment (rounded to the nearest percent) was:
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Question 829457: You invested $2,300 in a stock. Your account now has a value of $2,643. Your percentage gain on the investment (rounded to the nearest percent) was:
You can put this solution on YOUR website! You invested $2,300 in a stock. Your account now has a value of $2,643. Your percentage gain on the investment (rounded to the nearest percent) was:
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A(t) = P(1+rt)
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2643 = 2300(1+rt)
Note: You have not posted a period of time.
Cheers,
Stan H.
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