After two consecutive years of 10% losses, what rate of return in the third year will produce

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After two consecutive years of 10% losses, what rate of return in the third year will produce a cumulative loss of 30%?

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Business Mathematics In Canada

ISBN: 978-0070009899

7th edition

Authors: Ernest Jerome

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Question Posted: Jan 20, 2016 07:29 AM

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After two consecutive years of 10% rates of return, what rate of return in the third year will produce a cumulative gain of 30%?
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After two consecutive years of 10% losses, what rate of return in the third year will produce

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Given i 1 i 2 010 V f 070 V i Then 0...View the full answer

Business Mathematics In Canada

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