Suppose that you have $ 15,000 in a rather risky investment recommended by your financial advisor. During the first year, your investment decreases by 60 % of its original value. During the second year, your investment at the end of year one increases by 70%. Your advisor tells you that there must have been a 10% overall increase of your original $15000 investment. Is your financial advisor using percentages properly? If not, what is your actual percent gain or loss of your original $15,000 investment

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No the financial advisor is not using percentages properly Lets calculate ... View the full answer