A stock returns 20 percent in the first year, declines eight percent in the second year, and

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A stock returns 20 percent in the first year, declines eight percent in the second year, and increases 10 percent in the third year. What is the total compounded return at the end of the third year.

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A Survey Of Mathematics With Applications

ISBN: 9780135740460

11th Edition

Authors: Allen R. Angel, Christine D. Abbott, Dennis Runde

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Question Posted: Nov 01, 2012 01:33 AM

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A stock returns 20 percent in the first year, declines eight percent in the second year, and

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A Survey Of Mathematics With Applications

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