Asked by Mike
The value of one share had first increased from $400 to $500 in five years and then dropped from $500 to $400 the following five years. Calculate the average increase per year for the first five years and the average decrease per year for the following five years.
Answers
Answered by
henry2,
(500-400)/5 = $20/yr., increase.
(400-500)/5 = -$20/yr., decrease.
(400-500)/5 = -$20/yr., decrease.
There are no AI answers yet. The ability to request AI answers is coming soon!
Submit Your Answer
We prioritize human answers over AI answers.
If you are human, and you can answer this question, please submit your answer.