Question 593667
You lost 50% of 10,000, so you now have


10000 - 0.5*10000 = 10000 - 5000 = 5000



So after the first year, you'll have $5,000


Then you make 90%. This means that you're adding 90% of 5 thousand to 5 thousand, so...


5000 + 0.9*5000 = 5000 + 4500 = 9500



This means that after the second year, you'll have $9,500


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Your growth percentage is then


Percent Growth = [(New - Old)/Old] * 100


Percent Growth = [(9500-10000)/10000] * 100


Percent Growth = [-500/10000] * 100


Percent Growth = -0.05 * 100


Percent Growth = -5%


This means that you really lost 5% (and didn't grow at all)