Register
The first year he invested $1,000 and made 10% in interest. The second year he was so excited that he added $2,000 to his original investment, but the market dipped and he lost 12% that year. Should Ryder
194k views
5 votes
The first year he invested $1,000 and made 10% in interest. The second year he was so excited that he added $2,000 to his original investment, but the market dipped and he lost 12% that year. Should Ryder pull his money out or wait to see what happens?Explain your answer.

User Miina
by
4.9k points

1 Answer

4 votes

Answer:

He should keep it in there

Explanation:

Because its a boom-bust cycle, so it should go back up, then u could sell the stocks/pull money out

User Xji
by
4.0k points
Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

4.5m questions

5.9m answers

Other Questions

Which of the following angles can be used to evaluate cot(-210)
Which of the following is a polynomial with roots 4, -5, and 7? A. f(x) = x^3 - 6x - 27x + 140 B. f(x) = x^3 - 6x - 20x + 27 C. f(x) = x^3 - 20x^2 - 27x + 35 D. f(x) = x^3 - 20x^2 - 35x + 140
ten granola bars and 12 bottles of water cost $23. 5 granola bars and four bottles of water cost $10. how much do one granola bar in one bottle of water cost?
If the equation y=mx+b is used to model a quantity y as a function of the quantity x, why is b considered to be the starting value?
PLEASE HELP !!!!!!!! THANK YOU line m includes the points (-5,3) and (-2,-6). Line n has the same slope as line m and a y-intercept of -2/3. Write the equation for line n in slope-intercept form.
Link Copied!