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You expect that an investment could gain or lose as much as 20% in a year. Your investment is $5,000. What is the lowest value you expect at the end of the year?
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Nov 20, 2018
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You expect that an investment could gain or lose as much as 20% in a year. Your investment is $5,000. What is the lowest value you expect at the end of the year?
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David Ranzolin
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The lowest value you could earn is $4200
Mayer Goldberg
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Nov 21, 2018
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Mayer Goldberg
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If the most you could lose is 20%, 20% of 5000$ would be 1000 and subtracting that by 5000 would give you 4000$
Hcs
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Nov 24, 2018
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