Solve the following problem. The S&P/TSX Composite Index was $15 953.51 on October 26, 2017 and $14
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Solve the following problem.
The S&P/TSX Composite Index was $15 953.51 on October 26, 2017 and $14 888.26 on October 26, 2018. Josh holds an investment portfolio representative of the stocks in the index. If the value of the portfolio on October 26, 2017 was $279 510, what was the value of the portfolio on October 26, 2018?
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We can use the concept of percentage change to solve this problem The percentage change in the v...View the full answer
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Related Book For 
Contemporary Business Mathematics With Canadian Applications
ISBN: 9780135285015
12th Edition
Authors: Ali R. Hassanlou, S. A. Hummelbrunner, Kelly Halliday
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