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13 May, 17:22

You invest $5,175.00 in a stock plan. It increases 9% the first year, and then loses 5% of its value the second year. What is your gain compared to your original investment?

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  1. 13 May, 18:35
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    First year increases by 9%

    5,175 * (1+0.09)

    =5,640.75

    Second year decreases by 5%

    5,640.75 * (1-0.05)

    =5,358.71
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