Stock market

Simon one day decided to invest € 62000 to the stock market. After six months he invested July 25 stock markets fell by 47%. Fortunately for Simon from July 25 5 to October 25 his shares have risen by 39%.

Simon is then:


« Correct result

Wrong answer

Solution:

k=(147100)(1+39100)=0.737=73.67%  m=62000(1+0.737)=45694 Eur 62000<45694 



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