S. The average value of a stock portfolio decreased by 25% from 2011 to 2014, Th
ID: 3197092 • Letter: S
Question
S. The average value of a stock portfolio decreased by 25% from 2011 to 2014, The average value in 2001 was $7450. Determine the average value of the stock portfolio in 2014 6. When $1000 is invested n a saving account paying simple interest for a year, the interest l a in dollars, earned can be found by the formula1 -1000r, where r is the ratein a) Graph-1000, for up to and including a rate of iss b) if the rate is 4% what is the simple interest? c) if the rate is 6%, what is the simple interest?Explanation / Answer
Answer to the question is as follows:
Kindly post 1 question per post. Here' the answer to Q5:
from 2011 to 2014 the average value of stockportfolio decreased 25% The average value in 2011 was $7450
Therefore the value in 2014 is (1-.25)*$7450 = $5587.5
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