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The price of a stock appreciated by 24.90% of its value last month and then depreciated by 24.90% this month. By what percent did the stock appreciate or depreciate over the 2 month period?
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The price of a stock appreciated by 24.90% of its value last month and then depreciated by 24.90% this month. By what percent did the stock appreciate or depreciate over the 2 month period?

User SajithK
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5 votes

Answer:

I am not totally sure but you’re supposed to multiply 24.90% times two months

User Sebastian Schmitz
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