percent & currency question?
After a loss of 10% in the first year and a gain of 40% in the third year, the cumulative loss was 37%. What was the rate of return in the second year?
For full marks your answer should be rounded to the nearest hundredth of a percent.
The Black’s assets are to be divided among their three children Wasim, Cedric, and Agnessa in the ratio of 6… Continue reading
Categories: Economics Tags: assets, business trip, canadian dollars, cedric, cheques, cumulative loss, currency, exchange rate, orla, parents, rate of return, traveller
