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Jared lost a total of $9.00dollar sign, 9, point, 00 on his investment over 222 months. He lost an equal amount of money each month.

1 Answer

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Final answer:

The question involves calculating the monthly investment loss by dividing the total loss by the total number of months to determine Jared lost approximately $0.41 per month.

Step-by-step explanation:

The student is asking about a simple arithmetic problem related to finance and investment losses spread over a period of time. To find the amount Jared lost each month, you divide the total loss by the number of months. So, he lost $9.00 over 22 months, which means the monthly loss is calculated as:

Monthly Loss = Total Loss (/) Number of Months

Monthly Loss = $9.00 (/) 22 months = $0.409 (/) month

This calculation shows that Jared lost approximately $0.41 per month on his investment.

User Nikhil Waykos
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