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


Result

=:  0

Solution:

k=(147100)(1+39100)=0.737=73.67%  m=62000(1+0.737)=45694 Eur 62000<45694 k = (1\dfrac{ 47}{100})\cdot (1+\dfrac{ 39}{100}) = 0.737 = 73.67 \% \ \\ \ \\ m = 62000 \cdot (1+0.737) = 45694 \ Eur \ \\ 62000 < 45694 \ \\

= 0

Calculated by our linear equations calculator.



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